Charlottesville, VA (CVILLE RIGHT NOW) – In the wake of recent election results, principal broker Quinton Beckham from KW Alliance joined the studio to discuss potential impacts on housing policies under a second Trump administration. Beckham shared a nuanced view on both the promises and limitations federal policy could have on the housing market, noting that issues like housing affordability and local regulations remain crucial challenges.
“The only thing that’s going to help us drop prices is to have more houses,” Beckham explained, emphasizing the impact of supply on affordability. He added that while the federal administration can reduce regulations on national land and lending, “the very first hurdle before all the things that the federal government does…is getting the house built on the ground. And that all happens at City Council and Board of Supervisors.”
Another area of concern for Beckham is the potential labor shortage due to proposed immigration policies, which he says could further inflate housing costs and delay construction. He cited past impacts, stating, “If you deport millions, the odds that those millions are building the house that you…might want to buy, it’s going to slow it down, it’s going to make it more expensive, and it’s going to struggle.”
Beckham’s insights bring attention to the complex layers of housing policy, noting that local cooperation and a balanced approach to regulation are vital for meaningful progress.
Listen here for the full conversation: