If you want a rough first-order estimate of the regulatory contribution to housing costs, here you go.
Greg Shill
Permitted land in LA County sells for 50% more than unpermitted land, a $770K median premium per parcel.
Permitting accounts for roughly 32% of the gap between home sale prices and construction costs.
cayimby.org/blog/economi...
California YIMBY
If you want to build something in Los Angeles County, waiting for a permit takes time — and now there’s a study estimating the cost of that wait. Researchers find that vacant land with an approved…
