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Report finds government regulations add nearly $132,000 to new home prices
A report from the National Association of Home Builders reveals that government regulations add nearly $132,000 to the cost of newly constructed homes, accounting for 26.4% of the final sale price. The report highlights a 40% increase in regulatory costs since 2021 and identifies a structural housing shortage of 1.2 million homes in the U.S.
People
Jim Tobin - President and CEO of NAHB
Our neutral summary
A report from the National Association of Home Builders reveals that government regulations add nearly $132,000 to the cost of newly constructed homes, accounting for 26.4% of the final sale price. The report highlights a 40% increase in regulatory costs since 2021 and identifies a structural housing shortage of 1.2 million homes in the U.S.
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