Government regulations now account for more than 26% of the cost of a typical newly built home, according to the National Association of Home Builders
The NAHB study found that regulations imposed by federal, state and local governments account for 26.4% of the final price of a new single-family home. Applied to the average sales price of a new home in January, the regulatory burden totals approximately $131,734 per house.
The estimate is based on Census Bureau data showing the average sales price of a newly built home sold in January was $499,500.
NAHB's analysis found regulatory costs have increased sharply in recent years. The group estimated that regulations added $93,870 to the cost of a new home in 2021, compared with $131,734 today – an increase of roughly 40% over five years.
https://www.foxbusiness.com/economy/government-regulations-add-132k-new-home-costs.amp
here ya go @krom
and yes ... it's just gotten more and more silly over the years
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Crnr2Crnr ·
