"I think the crystal ball around government activity is really complicated, but I can tell you that a number of homebuilders have gone in to see critical officials within the [federal] government. We have received a lot of attention. There's a lot of thought process going on. You've seen trial balloons put out around various types of programs. What's interesting is that the government has been very tuned in to the industry to make sure that they're not walking into unintended consequences."
"I'd be surprised if something isn't done. I think affordability is very much on the table. It's a political issue right now, and I think across the country, you're hearing the drumbeat of that being a primary focal point, and politically it's important that someone pick up the mantle and do something to address it, rather than just throw money at it."
Lennar is a major homebuilder with a $27 billion market capitalization. The federal government is working on a plan to address strained housing affordability. Federal officials are actively engaging with homebuilders and industry groups to understand constraints and to avoid policies that could unintentionally damage supply. No specific program has been outlined, but management suggested meaningful action could emerge in 2026. Trial balloons around various program types have circulated while officials aim to construct policies that avoid unintended consequences. Affordability is a prominent political issue and pressure exists for targeted action rather than broad cash injections. Recent results show additional gross margin compression.
Read at Fast Company
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