KCHBA 2025 President Justin Pfeifer, Pfeifer Homes, and KCHBA EVP Will Ruder recently spoke with KSHB 41’s Ryan Gamboa to talk about the impact excessive regulations can have on the cost of housing.
“The median price of a new home in the United States, 23.8 percent of that cost is due to regulatory compliance,” said Ruder. “It is causing enormous housing strains,” he said. “There is a lot of opportunity to buy here, but we are not building enough, or fast enough, for all the good things that are going on in Kansas City.”
“Our price 10 years ago would be in the $650,000 to $850,000 range,” Pfeifer said. “Now. that’s $950,000 to a million- and-a-half, with the cost of construction. Also with the cost of development with what the lots are costing these days,” he explained.
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