Government policies are making it more expensive for developers to turn land into homes, according to a recent report. The increase in costs is attributed to regulations and fees imposed by governments, which are aimed at ensuring the development process is environmentally sustainable and socially responsible. However, these measures may be having unintended consequences, such as higher construction costs and reduced housing supply.

Source: https://www.bloomberg.com/news/newsletters/2024-11-01/government-policies-are-making-it-more-expensive-to-turn-land-into-homes