Page 27 - BB_August_2018_073018

A Looming $1 Billion Tax on Housing

President Trump’s proposed administration resumes talks with
MIRALOMAS 10% tariffs on $200 billion worth of Canada to find a long-term solution
to this trade dispute that will ensure
Chinese imports — including nearly
500 products used in residential American home builders and consumers
Experience a new perspective on life. construction — could have major have access to a reliable supply of
ramifications for the housing industry. softwood lumber at reasonable prices.
At NAHB’s urging, 171 House members
Of the planned $200 billion in
Experience a view from the hills. tariffs, NAHB economists estimate have sent a letter to the administration
that $10 billion of goods used by the home building urging the United States to re-start softwood trade
community would be subject to the 10% levy. negotiations with Canada.
Put another way, if the tariffs take effect, this NAHB continues to urge the administration and
would represent a $1 billion tax increase on residential Congress to oppose tariffs and to resolve international
construction. trade disputes in a manner that won’t tax American
eep in the heart of the Hill workers and consumers. We are also continuing to work
Keep in mind that this tax increase would come on top
DCountry exists a gated master- of the current 20% tariffs on softwood lumber imports on all fronts to find solutions that will ensure a lasting
planned community that offers from Canada. Since the beginning of last year, lumber and stable supply of lumber imports into the United
a new perspective. Only 1,248 prices are up more than 40% due in large part to the States at a competitive price.
lots will make up the community tariffs, and this higher cost has added several thousand For more information, contact David Logan at
of Miralomas, leaving a large dollars to the price of a typical single-family home. 800-368-5242 x8448 or Alex Strong at x8279.
percentage of the nearly 900 This is why it is absolutely imperative that the Trump NAHB JULY 2018
acres of land in its native state,
surrounded by miles of untouched
earth and open space.

PHASE I BUILDER LOTS Electrical Services Security
STILL AVAILABLE Lighting & Home Technology

3 SECURITY
Phase I of the development will The electrical contractor that builders and suppliers prefer
bring approximately 190 lots online this to work with, and people prefer to work for. 3 ASSURANCE
Fall, as well as the neighborhood In Charge provides electrical, low-voltage, and security 3 VALUE
clubhouse, resort pool and other solutions to many of the nation’s largest tract and custom
lifestyle amenities.
home builders throughtout Texas. Written Insured

440 SH 46 W., Boerne, Texas Unparalleled service, the highest quality of work, and New Home Warranties
In partnership with 830.331.8546 • www.Miralomas.com expert advice on-call for you! plus
Low voltage leading material and installation techniques Effective Risk Management
to equip your homes with the best audio, video, and W
network systems. A solid foundation for your business!
www.homeoftexas.com/SanAntonio

PARTICIPATING BUILDERS
Contact Bruce Saul 512.653.6735 HOME 800.445.8173 x2149
sales@homeoftexas.com
brucesaul@in-charge-electric.com OF TEXAS
InChargeElectric.com
Since 1959
AUGUST 2018 | GREATER SAN ANTONIO BUILDERS ASSOCIATION 27

Miralomas Full Page June update.indd 1 6/13/18 5:32 PM