government regulations save you 300k in life time savings on a new home.
Oh, so no problem then! Right? Just go get you a house, then.
already have one. and yes, most regulations exist for a damn good reason. I also assure you that fox business has almost certainly cherry picked their nonsense at best and flat out are lying per usual.
for example: I bet if I take half a second to glance at those ‘regulations’ they’re all almost certainly related to building code regulations that reduce the TCO of the new buildings during their lifetime for the actual owners. significantly.
oh no, I’m saving $400 / month on electricity and heating costs because of checks notes regulations…
Doesn’t say much without the structure of regulations and their influence on the price.
For example, the article mentions zoning permits - how much goes to that, specifically? etc.
It’s important to weight the price of regulations vs the prices one will have to pay in their absence. Something like fire and health safety standards, accessibility of schools, medical facilities, emergency services are all regulations, too.
Besides, it fails to mention the biggest culprit behind housing price hike - the speculative trading on the housing market. How much does it actually cost to build a home vs how much it costs to purchase? What are the margins here? These would be much higher than regulatory expenses, and, looking at history, removing regulation doesn’t really make housing cheaper for the end buyer - just makes it crappier.
