Commercial Appraiser FW: PM Edition: Here’s how higher regulatory costs are impeding housing affordability
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This is the 13th consecutive quarter that the index has been below 40 percent and is near the mid-2008 low level of 29 percent. California’s housing affordability index hit a peak of 56 percent in the first quarter of 2012.
Analysts Hoping the North Texas Real Estate Market has immediately.eternity burly: graining afflicts Another Property Sold – 24 Cambridge Street, Stratford.: PM Edition: Here’s how higher regulatory costs are impeding housing affordability The user has requested enhancement of the downloaded file. All in-text references underlined in blue are added to the original document and are linked to publications on ResearchGate, letting you access and read them
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The cost of this most significant health and safety rule ever issued for the construction sector will be passed to the consumer in the form of higher prices. As the cost of housing increases and the access to credit remains tight, home buyers and renters will have fewer safe, decent and affordable housing options.
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Any new regulations should be linked to clear regulatory objectives, follow full and open consultation, be evidence-based, have a sound legal basis and be subject to rigorous cost: benefit analysis, as required under the Financial Services and Markets Act 2000.