White: Breaking down Calgary's levies, fees on new homes

White: Breaking down Calgary's levies, fees on new homes

I have often wondered why new home builders don’t advertise new home and condo prices like the gas pumps — identifying what per cent of the home’s cost is land, permit fees and levies. It doesn’t seem fair that home builders should be the ones who are most often blamed for the high cost of housing when, in fact, most of the increase is due to increases in land, levies and permit fees (there is also the increased cost of materials, wages and over…