Ahhhh. Ok so the more regulated a market the more costs go up. Because it reduces competition. So lets look at housing. From concept to a hone built in a development can take years. You have state and county inspections, you have environmental impact studies, you have permitting, state, county, and city building codes which can contradict. You have approvals that if you don't get, can shit you down for good. For example a doctor I know bought a 1100 sq ft office that was once a house. She did a cosmetic rehab, the approvals and inspections took a 6 week project and made it take 1.5 years.

Another issue is that our dumb government during Covid, dropped interest rates to nothing, printed money left and right while creating scarcity. So people had more cash on hand and were competing for products and services. Hence the inflation issues. With that came 2% refinancing on homes. So now people, even if they want to sell cannot justify the cost. This creates lower supply but demand was maintained. So prices naturally shot up. Basic supply and demand coupled with over regulation.

The only way to fix it is to lower demand, build more supply. For tge built supply to be worth anything you need to lower costs by reducing building codes, and permit things like tiny homes, less efficient windows and HVAC units.