Trivia: Bernie's two story house was built specifically for this movie at a state park in North Carolina, but was torn down right after filming, as per the agreement before filming.
Trivia: The movie's director Ted Kotcheff has a small part as Richard's father who comes out in his underwear as Richard and Gwen are making out on the couch.
Answer: Yes it would, but Bernie was a greedy and selfish man, he would have bribed contractors and inspectors to get it built. He wanted to live the life of a big shot. Like "The Wolf of Wall Street."