Thursday, February 21, 2019

Politicians' environmental regulations drive the high housing costs they complain about - American Experiment

Politicians' environmental regulations drive the high housing costs they complain about - American Experiment
Politicians’ environmental regulations drive the high housing costs they complain about Written by 
“municipal fees and regulations in the Twin Cities…are pushing up prices of new homes more sharply here than in other communities, making it nearly impossible to build a single-family house for less than $375,000”
...Policymakers in Minneapolis are looking to add to this regulatory burden. 
As the Star Tribune reports,
Minneapolis homeowners who want to sell their properties will soon be required to conduct tests for energy efficiency, a measure touted by elected officials as a step toward reaching the city’s sustainability goals....
Sellers will, of course, pass the costs of these tests on to the buyers. 
The price of housing will go up. 
The ‘affordable housing’ crisis will be made worse..."
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