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Regulations Add $130K to Home Prices | Wilmington News
New data reveals government regulations are adding over $130,000 to the cost of a new home—more than a quarter of the total price—making homeownership even harder to achieve amid high mortgage rates and limited inventory. Regulatory costs have surged 40% since 2021, with builders blaming the spike for worsening the housing shortage and affordability crisis. States like California and New York face steeper burdens than the Southeast, highlighting regional disparities. As the next election looms, advocates urge reforms to streamline construction and ease financial pressure on buyers, aiming to…
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