(58) Development Charges Explained: The Growth Cost No One Can Ignore

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...