On the recordApril 29, 2019
the development cost would move to such an astronomical level that we wouldn't be able to build.
Source
congress.govthe development cost would move to such an astronomical level that we wouldn't be able to build.
Gonzalez warns that rising development costs from regulations would hinder affordable housing construction.
Share
More from Anthony Gonzalez
If we have liquidity challenges, if the depths of our markets all of a sudden are impaired, the ability of the financial system to respond to large shocks is severely diminished.
And I think relationship banking only has proven throughout our entire history to have enormous problems.