2 ms·
Land + wait time for permits + risk (need to compensate for declined projects) + permitting fees + inclusionary requirements + materials + labor Governments ac
by yurylifshits 9y ago
Land + wait time for permits + risk (need to compensate for declined projects) + permitting fees + inclusionary requirements + materials + labor
Governments action can put downward pressure on all elements except materials. Land (increase supply of zoned capacity) and permitting are the low hanging fruit. Labor reforms will take much longer.