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Benefits Homebuilders Provide |
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About the BIA | Statistics | Homebuilder Overview | Benefits Homebuilders Provide Homes... Renew urban areas. New housing revitalizes cities and preserves urban neighborhoods. Contribute to the economy. In 2005, the homebuilding industry accounts for approximately 11 percent of all economic activity in California. Provide jobs. More than 250,000 people in Southern California work directly on home construction. Thousands more work with the industry, such as engineers, architects and designers. Increase local revenues. New homes generate sales and property tax revenues for local municipalities, in addition to money generated from fees assessed on new homes. Provide natural preserves, wetlands and open space. California builders set aside as many as three acres of open space for every acre of new housing.
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