National Association Of Home Builders

By Bradford Betz | FOX 13 News Government regulations now add roughly $132,000 to the cost of a typical newly built home, according to a new study from the National Association of Home Builders (NAHB), as industry leaders warn that mounting costs are worsening the nation's housing affordability challenges. The NAHB study found that regulations imposed by federal, state and local governments account for 26.4% of the final price of a new single-family home. Applied to the average sales price of a new home in January, the regulatory burden totals approximately $131,734 per house. The estimate is based on Census Bureau data showing the average sales price of a newly built home sold in January was $499,500. The report comes as housing affordability remains ...

By Booker Lightman | Guest Commentary, Rocky Mountain Voice How a Senate bill to increase construction will do the opposite You may have heard about a bipartisan omnibus bill currently being debated in the U.S. Senate, called the ROAD to Housing Act. From the name, you might think it’s about promoting housing construction, and that’s indeed how it’s being sold in the media. Yet a provision recently added to the bill, which forces build-to-rent companies to sell their homes within seven years, would cripple housing production and drive up housing costs for everyone. Why is the forced sale provision bad? The seven-year deadline would incentivize builders to prioritize speed over quality and hide defects rather than take the time to fix them. It would...

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Tag: National Association Of Home Builders

New Study Finds Government Regulations Add Nearly $132K to the Cost of New Homes

The ROAD to Housing scarcity: Hidden provision in Senate housing bill may kill build-to-rent

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