Government Fees Add 24% To The Cost Of Homes

The government has long said it wants to create affordable housing for its citizens and has historically pushed developers and the communities they govern to design or ownership alternatives for it to approve. Those include co-op housing, leasehold land, income verified property and many other forms of “affordable ownership”. To be real, these do nothing but stigmatize property, they don’t allot the same rights and privilege as those with a fee simple interest but rather dilute ownership unde...