This article from The Economist indicates that strict building regulations prevent economic growth of up to 10% of the GDP. This is due to the spaces needed in cities, which are prevented from being constructed because of strict building regulations.

#TheEconomist #BuildingRegulations #Economy #GDP #Urbanplanning

https://www.economist.com/interactive/britain/2023/08/24/how-the-blitz-changed-london-for-the-better