Calabria calls on cities to deregulate to spur more home building

There are many factors leading to the slowing pace of home building, but one big reason that’s long been cited by homebuilders are local regulations and the costs associated with them. And now, homebuilders have a substantial new ally in their fight against local regulations, as FHFA Director Mark Calabria said Monday that municipalities need to begin cutting regulations in order to generate more home building.