Skip to main content

Huckabee Links Affordable Housing Problems to Wider Economy

Phil Hall
Oct 16, 2015
Mike Huckabee

Republican presidential aspirant and former Arkansas Gov. Mike Huckabee warned that the erosion of affordable housing options will have a deleterious impact on the wider economy.

Speaking today at a New Hampshire forum designed to highlight the presidential candidates’ views on housing issues, Huckabee claimed that the lack of affordable housing options rarely gets mainstream media or national political attention because it is an issue impacting low- and middle-class Americans and not the wealthier individuals running the news organizations or running for office.

“Half the people renting in America spend 30 percent or more of their income on their housing costs,” Huckabee said in remarks reported by New Hampshire TV station WMUR. “Every time someone is marginalized in the economy it affects the rest of the economy.”

Huckabee stated that current regulators are often out of touch with the needs of most people, adding that financial rules and guidelines should be imposed by those who “have a better understanding of what’s happening on the ground.” He also implied giving precedence to state regulators instead of their federal counterparts, adding, “We need to keep more of the regulation closer to the people being regulated. I will always believe that the best government is the most local government that is humanly possible.”

Huckabee also questioned whether the lack of immigration reform will further exacerbate affordable homeownership problems.

“If a couple of hundred thousand people come to the United States, isn’t it going to be more difficult to find housing for the people we add?” he stated. “People who are in the country without food and shelter ought to be our highest priority in the country.” 

Published
Oct 16, 2015
Reports: Evergrande Group Makes $83.5M Interest Payment

Faltering Chinese development firm fends off default with payment to international bondholders.

Industry News
Oct 22, 2021
FAR Establishes Borrower Engagement Division

Finance of America Reverse LLC announced its formally established Borrower Engagement Division.

Industry News
Oct 22, 2021
Automating Appraisals No Panacea For Removing Bias

With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find

Industry News
Oct 21, 2021
Reports: Evergrande Group Arranges Bond Extension

Reuters, REDD say company's billionaire chairman has agreed to provide additional collateral to ensure a construction project tied to a $260M bond is completed.

Industry News
Oct 21, 2021
New American Funding Hires Regional Manager

Mark Tribuna will lead effort to expand company's partnership with affordable nonprofit builders in mid-Pacific region

Industry News
Oct 21, 2021
Rocket Pro Announces Initiatives To Boost Brokers

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Industry News
Oct 19, 2021