NAHB Podcast: Changing Dynamics in the 2024 Election
On the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez are joined by Chief Lobbyist Lake Coulson to discuss the latest political news.
Coulson recently attended the Republican National Convention with NAHB Chairman Carl Harris and First Vice Chairman Buddy Hughes, as well as NAHB VP of Government Affairs Scott Meyer and BUILD-PAC Director Meredith Wimbrow. The senior officers had the opportunity to talk housing with federal elected officials, as well as a special closing session with former President Trump and vice presidential candidate, Sen. JD Vance.
“Carl spent some time with Majority Whip Tom Emmer, and with Majority Leader Steve Scalise as well,” Coulson noted. “So we had a really good opportunity to talk about our place in the world and why housing is so important to the economy and some of the things that are keeping our builders up at night.”
Following the convention, President Biden’s announcement to step down as the Democratic presidential nominee has changed the landscape for the 2024 election. Tobin, Lopez and Coulson weighed in on what to expect in this election cycle, including potential campaign tactics for Vice President Kamala Harris, who might be the Democratic vice presidential nominee, and the significance of Biden’s announcement.
“They just threw out the sitting president of the United States from re-election over a bad debate performance,” Tobin stated. “If you think about that, it’s stunning.”
Carl Harris and Buddy Hughes will be on the road again in a few weeks to attend the Democratic National Convention in Chicago, and NAHB will continue to campaign for pro-housing efforts through the August recess and leading up to elections in November.
Listen to the full episode below, and subscribe to Housing Development through your favorite podcast provider or watch all the episodes on YouTube.
Latest from NAHBNow
Economics
Jun 09, 2026
Regulatory Costs Jump 40% in Five Years, Add $131,734 to New Home PricesA new study by NAHB finds that regulations at the federal, state and local levels add $131,734 to the cost of a new single-family home—26.4% of the average sales price of $499,500 as of January 2026.
Sponsored Content
Jun 08, 2026
7 Reasons Why Visibility Is Your Most Underrated Competitive Advantage Right NowIn slower markets, the builders who keep showing up often win — not because they're the loudest, but because they never go quiet. Those who have figured out the capital side of the business are more likely to maintain visibility.
Latest Economic News
Economics
Jun 09, 2026
Existing Home Sales Increased in MayExisting home sales rose to a five-month high in May as more first-time buyers stepped back into the market. The share of first-time buyer reached 35% in May, the highest since June 2020. However, sales remained weak compared to historical norms, with still-tight inventory continued to push up home prices.
Economics
Jun 08, 2026
Mortgage Applications Retreat in May, with ARMs Gaining ShareMortgage application activity declined again in May as higher mortgage rates continued to suppress the market, although adjustable-rate mortgages (ARM) gained some traction. According to the Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, applications fell 5.5% month-over-month in May on a seasonally adjusted basis.
Economics
Jun 05, 2026
U.S. Labor Market Remains Resilient in MayDespite rising inflation and ongoing economic uncertainty, the U.S. labor market remained resilient in May. Nonfarm payrolls increased for the third consecutive month, and the unemployment rate held steady at 4.3%.