Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.
Through Community Facilities Districts (CFD), Municipal Utility Districts (MUD), Public Improvement Districts (PID), Community Development Districts (CDD) and reimbursement districts (RD), builders can potentially shift infrastructure costs off their balance sheets and onto special districts that homebuyers ultimately absorb through property taxes without potentially adding debt to the builder's books.
By focusing on what others aren't building, solidifying relationships on the ground, improving processes incrementally, and carving out a niche where they can stand apart from peers, private builders can achieve stronger margins, maintain brand value and grow sustainably despite the advantages held by large public competitors.
The global average building utilization rate dramatically jumped in 2025 to 53%, the highest since before the pandemic, validating the effectiveness of hybrid strategies in driving more in-office activity, according to CBRE. Utilization rates were 38% in 2024 and 35% in 2023, compared to the 65% that most respondents to CBRE's global workplace occupancy benchmarking program identified as their target.
Ask most people what's wrong with housing affordability, and the answer comes quickly: rates are too high. It's an easy diagnosis, clean and intuitive, and it fits neatly into headlines and political talking points. But it's also incomplete, and increasingly, misleading. To understand why, it helps to start with something personal. The first home I bought was in 1989. It cost $259,000. My mortgage rate was 10 percent.