WATCH: @RepLoudermilk on how unnecessary government regulation inflates housing prices: “… regulation is the greatest drain on our profitability. … I came across a study, and this was in 2014, that in some markets, over 50% of the cost of a new home is related to government regulation. … You could cut the cost of a new home significantly just by reducing the regulation. And as we look further, there's a lot of regulation that is not even applicable to the business that is having to live by that regulation. And so, if you want to look at the high cost, we need to look at the regulation side.” 📺⬇️