WBFF-FOX Baltimore — Maryland is grappling with a significant shortage of affordable housing, according to a recent report from the State Department of Housing and Community Development. The report highlights the growing challenge for Marylanders who are increasingly being priced out of homeownership, a trend that could have far-reaching implications for the state’s economy.
Economist Anirban Basu, CEO of Sage Policy Group, emphasized the potential economic impact of the housing crisis. “The lack of affordable housing can lead to a range of economic issues, including reduced consumer spending and increased demand for social services,” Basu said…