Thomas Grable on affordable housing
From TriPointe Homes - Thomas Grable · · OC Talk Radio
“Affordable housing, when we're talking as builders, refers to government‑subsidized housing built by nonprofits with grants — and quite honestly it's actually more costly to build an affordable housing unit than it is to build a market‑rate unit.”
On , Thomas Grable, President of TRI Pointe Homes Orange County-Los Angeles at TRI POINTE HOMES INC, spoke about affordable housing during TriPointe Homes - Thomas Grable on OC Talk Radio.
About Thomas Grable
Thomas Grable, division president of Tri Pointe Homes and chair of the California Building Industry Association, appeared on the podcast "Let's Talk Real Estate" in December 2024. During the discussion, Grable stated that California does not have a housing crisis in the sense of an inability to build homes, but rather a "housing policy crisis." He said that over the last 40 years the state has become more restrictive on builders, and that those layers of requirements make it more difficult and costly to provide housing. Grable also commented on affordable housing, saying that when builders use the term, they are referring to government-subsidized housing built by nonprofits with grants. He stated that it is actually more costly to build an affordable housing unit than a market-rate unit. He encouraged listeners to get involved with the California Building Industry Association to become more knowledgeable about legislative issues affecting housing.