The Wall Street Journal’s Laura Kusisto picks up on a trend that BUILDER reported on last October—the ways locals and state government are hindering the housing recovery with slow approvals.
City governments across the U.S. cut back on employees during the recession. Now, with the memory of the bust still fresh, they remain reluctant to add staff.
Those manpower shortages are leading to real delays for builders, according to Kusisto:
The manpower shortage has increased the time it takes for builders to get permits and other approvals. Developers of single-family homes reported that the median delay was seven months in 2015, compared with four months in 2011, according to the National Association of Home Builders.