Evening Edition: Hands Off the Housing Market: Why Government Controls Are Deepening the Crisis

It looks like relief on the housing affordability front will take some more time to arrive for prospective homebuyers because mortgage rates have trended higher in recent months. A new report shows government regulations are adding nearly $132,000 to the cost of newly built houses. With Midterm Elections around the corner, housing affordability remains a top concern for voters nationwide as socialist candidates have become more popular.

FOX’s John Saucier speaks with Anthony Lamacchia, CEO & Broker, Lamacchia Realty, who says a long list of government regulations and interference continues to harm the affordability of homes.