President Obama flies to Phoenix, Arizona, tomorrow to address the nation’s housing challenges. Although we do not yet have details, we expect that he will look at the remaining housing needs and the progress made since the housing crash, while setting it in the context of his push for a better bargain for the middle class. Since Phoenix was the site of his address four years ago announcing a response to the housing crisis, expect the rhetoric to resonate with the great changes that have occurred. Reuters has an excellent piece today setting the speech in a Phoenix context.
The White House invites homeowners, renters, and prospective buyers to ask questions about housing via video and social media for President Obama to answer in a conversation moderated by Spencer Rascoff, CEO of Zillow. For details about how to submit questions now, see the White House Blog.