Regulation Is $93,870 Of A New Home's Price
Posted On
June 09, 2021
A new NAHB study shows that regulations imposed by the government across all levels now account for $93,870 of the final price of a new single-family home. $41,330 is due to the higher price for the finished lot, based on regulations imposed during the development of the lot. $52,540 is the regulatory cost imposed on the builder during construction.
Resource:
NAHB Eye On Housing: Regulation Now Accounts for $93,870 of the Average New Home Price