4 ms·
And have 5000 regulations for safety, external prettiness, etc... Those may be good things, but they cost money, and poor people aren't given the option to choo
by qqq 18y ago
And have 5000 regulations for safety, external prettiness, etc... Those may be good things, but they cost money, and poor people aren't given the option to choose which features they can live without.
- DanielBMarkham 18y agoThere was a study done back in the 80s, I think, about the cost of regulation in housing. As I recall, regulation amounted to 35% of the cost of a house. I would guess that the trend continued.
- qqq 18y agoWow that's terrible. And I think it did get worse: http://seattletimes.nwsource.com/html/businesstechnology/2004181704_eicher14.html http://seattletimes.nwsource.com/html/businesstechnology/200... > Between 1989 and 2006, the median inflation-adjusted price of a Seattle house rose from $221,000 to $447,800. Fully $200,000 of that increase was the result of land-use regulations, says Theo Eicher — twice the financial impact that regulation has had on other major U.S. cities.