I'm just a floor level up. So when it comes to housing, most of the issues with housing are at a local level and a county level. The NAHB, which is National Association of Home Builders, estimates 25 to 30% of all housing costs today are tied to regulations and fees and impact fees. There's something called the time value of money. And when I try to develop land for housing, whether it's, you know, I build multifamily housing all over the state, around this city. (11:08–11:22)
CLAIM
Asserts that 25-30% of housing costs are due to regulations and fees according to the NAHB.
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.