// miscarriage of justice
Quote:"Regulations come in many forms and can be imposed by governments at different levels. The federal government can impact the price of a home—for example, by requiring permits for stormwater discharge on construction sites.
This article introduces new NAHB estimates of the impact that such regulations have on the price of a home. The estimates show that, on average, regulations imposed by government at all levels account for 25.0 percent of the final price of a new single-family home built for sale. Nearly two-thirds of this—16.4 percent of the final house price—is due to a higher price for a finished lot resulting from regulations imposed during the lot’s development. A little over one-third—8.6 percent of the house price—is the result of costs incurred by the builder after purchasing the finished lot.
// "How you could have had 33% more House" by The Free Market.
I guess people will put up such things during the boom. But it makes surviving the bust impossible.
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