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Local regs to blame for high housing costs

from San Antonio Express-News

Bexar County Judge Nelson Wolff’s recent comments about how much regulations add to the cost of housing in San Antonio were a big red flag and should instill a sense of urgency in all who care about the city. “Developers will tell you 25 percent of the cost of building a new home today is because of the city of San Antonio regulations,” he said, according to the Express-News. That means a $250,000 home would be a $187,500 home without the city’s regulatory costs. And a $1,000 apartment would be a $750 apartment. And those are just the hard costs. more

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