White House Report Highlights Regulatory Impact on Housing Costs
The White House report estimates that government regulations add over $100,000 to the cost of building a new home in the U.S., citing a 'bureaucrat tax' that includes zoning restrictions, fees, and delays. The report highlights a significant increase in housing prices relative to income growth, contributing to reduced affordability and homeownership rates among younger Americans.
Topics: economic report government regulations housing affordability White House policy