A recent study conducted by the Washington Policy Center found that as much as 24 percent of housing price increases may be attributed to the government policy. Indeed, the study found that state and local laws, permitting, building restrictions and regulations add on average $144,000 to the cost to construct a new, median priced home.

Reminds me of the old saying “No society in the history of the world taxed and/or regulated itself into prosperity.”

A link to the piece is found here