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Seiders Discusses Housing Cycle at Penn State Lecture
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From the left, Bo Kasal, Penn State's Hankin chair of residential construction; Sam Hankin; David Seiders, NAHB chief economist; and Richard Hankin. | The longer-term housing fundamentals are still in place, and “housing demand will be very good moving forward,” NAHB Chief Economist David Seiders said during a lecture at the Penn State civil and environmental engineering department last month.
“It is my opinion that, despite the uniqueness of this current housing cycle, the fourth quarter of 2008 will see increased housing starts and construction activity,” Seiders said.
Seiders discussed “Causes and Consequences of the Boom-Bust Housing Cycle in the United States” as part of the Hankin Distinguished Lecture at the university.
The Hankin lecture series was established in 2006. “The Hankin lecture is made possible because of one person, Bernard Hankin, who had the vision, passion and generosity to found the residential construction program at Penn State,” said J. Roger Glunt, 1993 NAHB president and former endowment chairman.
In addition to the lecture, the National Housing Endowment works in collaboration with Penn State’s residential construction students and faculty on research projects, NAHB Student Chapter activities and several scholarships, including the J. Roger Glunt/National Housing Endowment Graduate Fellowship, J. Roger Glunt/National Housing Endowment Undergraduate Scholarship and the J. Roger Glunt/National Housing Endowment Travel Award.
For more information about the Harkin lecture, click here.
 Endowment Scholarships
The National Housing Endowment, the philanthropic arm of NAHB, administers 12 scholarship programs and annually awards more than $400,000 to students pursuing careers in residential construction and related fields.
For more information and to download scholarship applications, visit the endowment Web site at www.nationalhousingendowment.org.
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