Why housing regulatory fees could be keeping home ownership a dream for many

(InvestigateTV) — Buying a home is a milestone for many, but that milestone may frustratingly stay out of reach for some.

This is especially true for first-time home buyers, as housing experts say regulatory fees are contributing to a low housing supply.

These fees are associated with the development and construction of a new home, including changes to building codes, zoning approvals, site studies, and compliance with labor laws.

They’re all part of the final price tag for home buyers.

Investigator reporter Sam Smink explains how those regulatory costs can keep home ownership just a dream.