Regulations Driving Up Home Costs

Regulatory costs for building new homes have skyrocketed 40% in five years, now eating up 26% of the average $500K home price—with construction-phase fees alone hitting 45% of all regulatory expenses. Industry leaders warn these burdens are crippling housing supply and affordability, calling for streamlined permits and zoning to slash costs and accelerate construction. Advocates are pushing the 21st Century ROAD to Housing Act, hoping it’ll pass soon to tackle the affordability crisis head-on. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a6cdf4235ba8bd5b