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Benzinga
Benzinga
Business
Dan Budzyn

"Historically, housing has led us into every recession since WWII" — National Association of Home Builders CEO Jerry Howard, Echos Elon Musk, Shares Grim Outlook

Jerry Howard, National Association of Home Builders (NAHB) CEO, has plenty of experience in the housing industry. Prior to joining NAHB, Jerry served as the Chief Lobbyist for the National Council of State Housing Agencies. For over a quarter of a century, Jerry has been analyzing the housing market.

In last month’s interview with Bloomberg, Jerry shared with viewers a less-than-sunny perspective. He explained, “It looks like we’re heading into a housing recession, and if that is indeed the case, it doesn’t bode well for the economy as a whole.” A damning quote for sure, but it didn’t stop there. Howard continued, “We’re getting more and more pessimistic.”

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