Time to Address the Harsh ‘Hidden Tax’ on Housing

A new report by Point Loma Nazarene University’s Fermanian Business & Economic Institute chronicles a regulatory culture that adds about 40 percent to the cost of new housing in San Diego County –what PLNU economist Lynn Reaser likened to a “hidden tax” on all residents. Some cities are better (San Marcos). Some are worse (Carlsbad). But the cumulative picture has grim implications for the county’s future, given projections of the population going from the present 3.1 million to 4.2 million in 2050. […]

By | 2016-08-26T06:12:11+00:00 April 29th, 2015|In the News|0 Comments

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