That's sort of a new point, but a good one.
Talk to a lot of people working on the new private space transportation systems and they will tell you that their greatest problems are with the regulatory system, and not the tech or the finances.
There was a lot of back and forth over a number of years on who should regulate private space flight and exactly how, and there's a whole story in that. The system we have now is fairly onerous, but thanks to a lot of work by space organizations and the private space companies, nowhere near as bad as it almost ended up.