It is not that these fees will be passed on to the consumer. It is that the building won't be built, and then everybody will pay a higher rent because the supply of units will be down while the demand is still up.
Brad Sherman: “It is not that these fees will be passed on to the consumer. It is that the building won't be built, and then everybody…”
Editor's note · Context
Sherman emphasizes the impact of fees on housing supply and rental prices.
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