I suspect there are some hidden factors here being ignored by the "pro-business" folks on the news, like 50% of young people living at home with parents instead of buying or renting. Even if supply hasn't increased, if no one will pay the ridiculous prices then they're SOL. Plus we're also still in the middle of "no wage only spend economics."
ArtifexR t1_j26mlyl wrote
Reply to comment by TIL02Infinity in Maryland property values up 20% since 2020, state finds by NarutoIvy
I suspect there are some hidden factors here being ignored by the "pro-business" folks on the news, like 50% of young people living at home with parents instead of buying or renting. Even if supply hasn't increased, if no one will pay the ridiculous prices then they're SOL. Plus we're also still in the middle of "no wage only spend economics."