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affordability Real Estate News Blog; August, 2007 Archive

New Study Shows Impact of Government Fees On Home Affordability

By Art C Ryter at 08/05/07 02:10

The National Homebuilders Association wants you to believe that rising permit and other fees on homes is really the main reason that residential housing has become increasingly out of reach for ordinary homebuyers. Like the irrational rise in residential real estate and the foreclosures harming new home starts and existing housing stock are the result of government permitting costs and related fees. What raises the cost of housing are the tv shows that suggest you put money into your house to “stage and showcase” the place you are about to sell and the fact that people are treating houses as investment commodities when most people just want to have a place to live.

Original source: . New Study Shows Impact of Government Fees On Home Affordability

Tags: real estate • foreclosure • investment • affordability •
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