Comment Re:What about regulatory burden (Score 1) 149
So, in my area, it costs $95,000 on average in just fees for the privilege of starting to build a house. That is a single house. Most of that cost doesn't change much depending on the size of the house so it forces the developers to build larger, more expensive housing because you cannot make a profit off of affordable housing when you are already basically at $100k for the privilege of sticking a shovel into the dirt. I bought my current place for $185,000 a decade ago. Even after adjusting for inflation, there is no chance of building this same place for anywhere near that price. I can't buy the dirt for less than $100k, plus $100k in fees, then what's left to pay employees and purchase materials? Not much.