How did an entire state price itself out of the market for entry-level home buyers?

Did you know that CA has the highest building impact fees in the nation?  In some areas, building impact fees can add up to $50,000 on the cost of building a home?  A builder in Chico notes that impact fees are almost 20% of costs.  This article provides an interesting view of home ownership and the price of housing in California.  Click below for the full article.

The Unintended Consequences of Law

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