Home-building And Regulatory Burdens
Builders who have dealt with impact and entitlement fee shock for years in such places as California, Colorado, and, more recently, Florida have grown to be almost philosophically resigned about such dislocations in costs.
"There's nothing we're going to be able to do about this issue," many of them conclude. In fact, town officials, council men and women, and other local decision makers can get elected based on "no growth" or "slow growth" positions on planning for the future.
Now, if men and women get votes and win elections based on their activist advocacy of slow-growth or no-growth local policies, do you think anybody would win an election based on solid planning that would result in a really good teacher's ability to afford to buy a home in the district?
In communities all over the United States, local policy--the single biggest influence on residential development and home building's enormous regulatory burden--homeowners mostly win, while renters mostly lose.
And would-be new homeowners always pay more.