by FSTI | April 17, 2015 7:46 am
By Fred Durso, Jr. If you’re a “numbers person,” you’ll thoroughly enjoy this article by a sprinkler advocate that calls into question a 2014 report by the National Association of Home Builders (NAHB), titled “State and Metro House Prices: the ‘Priced Out Effect.'” The report cites how new construction regulations can impact housing affordability and lead to a staggering number of “priced-out” households. For instance, the report states that a $1,000 increase in price makes homes unaffordable for more than 200,000 households. But take a closer look at NAHB’s report and you’ll notice some misleading findings, says Buddy Dewar, vice president of Regional Operations…
Source:: NFPA – Fire Sprinkler Initiative
Source URL: https://www.cafsti.org/news/industry-news/homebuilder-argument-that-sprinklers-price-out-homebuyers-is-complete-farce-says-sprinkler-advocate/
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