
Payam discusses the implications of development charges on new developments and their impact on housing costs.
Send us Fan Mail Development Charges Explained: Why They Rose, What Went Wrong, and What DC Relief Means for Housing In this episode, Payam discusses development charges (DCs) as one-time fees on new developments intended to fund growth-related municipal infrastructure such as roads, transit, water, parks, libraries, and emergency services, noting the costs are often passed through to end users. He argues DCs became unsustainably front-loaded as market conditions worsened, using the “beer di...
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