
CA building fees dwarf the fees charged in the other 49 states. MOST states charge almost NO such fees.
Think our California property taxes are too low? Consider this: The average “impact” fees in CA for building the median single-family residence ($548,000 – May, 2019) varied from 6% ($32,880) to 18% ($98,640) per home, about double the fees charged by the next most expensive state and more than TRIPLE the norm among jurisdictions that levy such fees. Such fees typically pay for capital improvements, like water and wastewater facilities, required by a new development.
https://www.zillow.com/ca/home-values/
Many states and localities on the eastern side of the Sierras have little or no such fees at all. To add insult to injury, that “fee” becomes part of the price of the home or… Read More