Land use laws causing higher housing costs | The Olympian

The online blog “Citylab” featured a report about a study on the costs of land use regulations and noted that if regulations were relaxed it would amount to a wage increase of $8,775 annually and an economic gain of almost $2 trillion for the nation. To quote the article, “Instead of fueling productivity and growth, too much of America’s urban economic power is simply being wasted on higher housing bills.” The government with its exorbitant fees seems to be benefiting the most from these costs.

Source: Land use laws causing higher housing costs | The Olympian

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