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In the Boston area, as in other parts of the country with tight labor and housing markets, housing costs have increased dramatically--especially in terms of land, labor, and financing costs. While a limited supply of land and inflation in cost of materials are responsible for part of this increase, government regulations also have impact.
"How Local Regulations Can Help Meet our Housing Needs" in the Fall 2000 issue of the Federal Reserve Bank of Boston's publication Communities and Banking outlines the role of state and local regulations in creating economic barriers to new housing construction and will identify the potential for effective housing strategies through regulatory reform.