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North Cincy News

Friday, November 1, 2024

RAGC hosts breakfast with Congressman Warren Davidson discussing real estate industry issues

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Carl Horst Chief Executive Officer at Cincinnati Area Board of REALTORS | Official website

Carl Horst Chief Executive Officer at Cincinnati Area Board of REALTORS | Official website

The REALTOR® Alliance of Greater Cincinnati hosted Congressman Warren Davidson (OH-08) for a breakfast event as part of their Legacy Lunch series on July 8, 2024. The gathering included RAGC RPAC Hall of Fame Investors and featured discussions on key issues affecting the real estate industry.

Congressman Davidson provided an update on the upcoming election, offering insights into potential policy changes and shifts in the political landscape. He discussed the likely trajectory of interest rates and broader economic trends, providing foresight to help members navigate uncertain times. Additionally, he commented on the recent Presidential debate and its implications for the country's global position.

A significant portion of the discussion focused on bipartisan efforts to address public housing scandals. Congressman Davidson emphasized the importance of cooperation across party lines to tackle issues impacting communities. Attendees appreciated his commitment to preserving free markets while protecting consumers from private sector overreach.

The recent DOJ REALTOR® settlement was another topic of interest. Congressman Davidson explained how this settlement might affect REALTORS®, market responses, and potential congressional actions, providing clarity on its implications for the profession.

On affordable housing, Congressman Davidson shared that housing costs should generally not exceed 30 percent of a household's income. He expressed interest in considering alternative definitions based on demographic variables to better align affordability with different financial scenarios. His expertise as Chair of the Financial Services Subcommittee on Housing and Insurance was evident as he discussed the complexities of creating affordable housing solutions.

Throughout the event, Congressman Davidson engaged in open dialogue with attendees, answering questions and fostering a sense of connection among participants. The breakfast concluded with a photo opportunity with key figures in housing policy.

For those interested in attending future Legacy Lunches, these events offer opportunities to connect with influential policymakers and gain insights into industry issues. More information can be obtained by emailing Government Affairs Director Mary Huttlinger.

The REALTOR® Alliance extended thanks to Congressman Warren Davidson for his time and service, as well as to all attendees who contributed to making the event successful.

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