That is a very american pattern, offloading responsibilities that would be part of the government onto businesses themselves, probably because of government budget reasons.
One thing to note, what we often think of as luxury housing or new building regulations adding cost tends to be %10 of the cost of new housing. Expensive housing typically comes from expensive land and zoning bureaucracy delaying things.
I call it the lexus effect. A luxury lexus vs the camry it was based on is often a %10-%20 BOM difference vs. bigger margin it has when sold.
One thing to note, what we often think of as luxury housing or new building regulations adding cost tends to be %10 of the cost of new housing. Expensive housing typically comes from expensive land and zoning bureaucracy delaying things.
I call it the lexus effect. A luxury lexus vs the camry it was based on is often a %10-%20 BOM difference vs. bigger margin it has when sold.