Homeownership: What’s Up, What’s Down, What’s Next
Now is as good a time as ever to take stock on what is helping (and harming) the pursuit of the American Dream in Maryland. While some progress has been made, much work remains.
Housing Supply Skepticism
We are witnessing a rejection of this fundamental concept when it comes to housing production. A significant number of consumers and even state and local elected officials believe that building additional housing units (i.e., adding supply) causes housing prices to increase, not decrease. The thinking is so prevalent that scholars now have a term for it: supply skepticism.