Trump plays to homebuilders at NAHB event in Miami Beach

GOP nominee says he would slash regulations and taxes

Aug.August 11, 2016 01:40 PM

In between jabs at Hillary Clinton, Republican presidential nominee Donald Trump played to his homebuilder audience at a speech in Miami Beach on Thursday, promising to cut regulations, lower taxes and create jobs if he is elected.

“Housing equals jobs,” Trump said to resounding applause from the National Association of Home Builders, a group of 900 small business owners from across the United States who gathered for a mid-year meeting at the Fontainebleau Miami Beach.

Trump highlighted his background as the son of a homebuilder, Fred Trump. ” I have great respect for homebuilders,” he said during his speech. “I grew up with a homebuilder  he’s a really good homebuilder and I used to sit at his knee with blocks, and watch my father or listen to my father negotiate on the phone with plumbers and sheet-rockers and electricians ….  I learned tremendous things from a homebuilder.”

Saying he was “so comfortable” with those in the room, Trump zeroed in on issues of concern to the industry, particularly regulations that he said today represent 25 percent of the cost of building a home. He told the audience, dressed mostly in sport shirts and sundresses, that he would declare a temporary moratorium on new agency regulations and lower the cost for homebuilders. “We should get it down to about 2 percent,” he said. “It’s ridiculous.”

At one point, he held up a chart of the percentage of homeownership in the country, saying homeownership is now at the lowest point in 51 years.

Trump also spent much of his 30-minute speech taking stabs at Clinton and President Barack Obama on taxes, trade and foreign policy, saying China and ISIS are hoping for Clinton. “I call President Obama and Hillary Clinton the founders of ISIS,” he said, adding that ISIS would consider Clinton as its “most valuable player.”

Yet despite a standing ovation when he finished, not everyone in the audience was buying it.

“He played us perfectly; he played us extremely well,” Joe Schwab of Bellevue, Washington-based HCS Construction, an NAHB board member, told The Real Deal after the speech.

But others, like Jeffrey Schoenwetter of JMS Custom Homes in Hopkins, Minnesota, also an NAHB board member, said he was taken by Trump’s words about his father. “He killed it,” he said. “I’ll probably vote for him.”

Related Articles

Donald Trump at Trump National Doral (Credit: Getty Images)

Former members of Trump Doral may have to wait decades to get their deposits back

President Donald Trump (Credit: Getty Images, Mar-A-Lago Club)

Trump properties in Palm Beach County could get $1.5M tax bill

Dmitry Rybolovlev, Donald Trump, and 5252 North Country Road (Credit: Getty Images)

Russian oligarch sells last piece of former Trump estate in Palm Beach for $37M

President Trump and Mar-a-Lago (Credit: Getty Images)

Revenue fell at Trump’s Palm Beach properties in 2018

Donald Trump and Trump Doral (Credit: Getty Images)

Trump Doral’s financial results falter due to Trump name: report

Jorge Pérez on building golf courses in Cuba with Trump, stepping down as president and more

Report: Trump demanded $20M in 2006 to put his name on a Moscow tower

Deutsche Bank refused Trump Organization’s 2016 request to increase loan for golf course