VOSD Podcast: Economist Hits High Cost of Permitting

One thing with fewer fans than regulatory red tape: San Diego’s high housing prices.

Both come into play in a new study out from the Fermanian Business and Economic Institute at Point Loma Nazarene University, which found we can likely blame regulation for 40 percent of the cost of new housing. Chief economist Lynn Reaser was principal author of the study, which also found “even a 3 percent cut in regulations could benefit consumers through $2.5 billion in higher income, a $3.1 billion boost to the county economy and 37,331 more jobs,” as the U-T summed up. […]

By | 2016-08-26T06:11:19+00:00 May 8th, 2015|In the News|0 Comments

About the Author: