U.S. Government Regulatory Costs Add Staggering $93,870 to New Home Prices

Source: The World Property Journal — 

According to the National Association of Home Builders (NAHB), regulations imposed by all levels of government account for $93,870, or 23.8 percent of the current average sales price ($397,300) of a new single-family home in 2021.

Of the $93,870 figure, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction.