Reply #18: another thing to consider is that so much of their income goes to paying the [View All]

mortgage and so many people work long hours etc. that they have no time to keep up their houses. Homeownership means you have to mow the lawn, make repairs around the house. Some people are just too ignorant to know this and they just run a house down and when its bad they move on to another. That wastes their money and is wasteful, so that we all pay more for our houses. Especially when a certain percentage insists their house be move-in perfect so they don't have to do any work on it. The sellers will lean toward providing that, raising the house prices for all of us.

I lived in a development that was geared toward lower end people getting into homes. The homes were not finished in the basement area to keep down costs. They were built to keep costs down and that would not be accepted by buyers today. Has little to do with regulations.