Some of the things that we found is, exactly what you're talking about is regulations and cost. And Years ago when we looked at the cost of building, building a new home, for example, in California, 40% of that new cost had to do with regulatory fees. And a big part of that was Davis Bacon. And I know that you're trying to change that when you're secretary. (03:33–03:44)
CLAIM
Asserts that 40% of the cost of building a new home in California is due to regulatory fees.
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