Housing is no longer a background policy issue. At NMHC, it was clear that affordability, supply, and regulation have moved to the center of political debate and public awareness, shaping how consumers vote, how capital is deployed, and how communities grow.
Former HUD Secretary Hon. Marcia Fudge reinforced the urgency of the moment, noting that the nation faces a severe housing shortage and that increasing supply remains the only durable solution, “we are short housing, and we need a lot more of it.”
NMHC leaders emphasized how years of research and advocacy have helped reframe the national conversation. Data linking restrictive regulation to constrained housing supply has become foundational in media coverage and legislative discussions. Today, policymakers across the political spectrum increasingly agree that affordability cannot be achieved without new development.
At the same time, investors described a rapidly shifting regulatory environment that is influencing where and how capital is deployed. Rent control, climate legislation, and political volatility have made risk harder to price in certain markets, prompting some firms to avoid jurisdictions where outcomes are difficult to underwrite.
For renters and consumers, perception has become just as important as policy. NMHC leaders outlined efforts to modernize the industry’s visual and verbal language to better reflect the role housing providers play in strengthening communities. Changing how rental housing is viewed supports advocacy, improves trust, and helps counter narratives that oversimplify complex challenges.
Coalitions with real estate, finance, homebuilding, and technology organizations are amplifying these efforts through coordinated, data-driven messaging at the federal, state, and local levels. With legislative control and regulatory authority constantly shifting, speakers stressed the importance of proactive engagement.
Housing has become a mainstream issue for voters, renters, and investors alike. The opportunity now is to lead the conversation with clarity, credibility, and unity.
