I hesitated publishing this post, however its just another perspective. I really found the price cost of regulation numbers alarming.
- Wage Growth vs. Home Price Growth
- Home prices in the United States went up on average between 4 and 5% in 2015, and between 6 and 7% in 2014. Compare that to average wage growth statistics, which indicate only 2 to 3% average increases in both 2015 and 2014
- Wage Growth vs. Stock Market Performance
- The Cost of Regulations
- A recent report showed that, on average, government regulations add over $84,000 to the final price of a new single-family home....April 2011 study in which the total calculated was just over $65,000, shows nearly a 30% increase in new home costs due to regulations over the past five years.
- Millennials and Student Debt
- many millennials watched their parents struggle through the housing market turmoil that began in 2008, and have emerged more cautious about home buying.
- Investors Moving the Market
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