And so what we're going to have to do is modernize our internal processing when it comes to permitting, planning, entitlements, streamline those processes to help drive down the cost of construction. Most people don't know that 30% of the cost of a new home is governmental costs. Wow. And so we have a responsibility to be responsive to what people are having to experience in our state and drive those governmental costs down to lower the cost of housing when it comes to insurance. (02:36–02:41)
CLAIM
Asserts that governmental costs account for 30% of a new home's cost.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
