The Builders’ View
What can be done with new homes construction? We posed this question, and several others, to Lori Graf, Chief Executive Officer of the Maryland Building Industry Association (MBIA). The association’s goal is clear: to advocate for the building industry with a commitment to maximizing business opportunities for its members.
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.