Housing is becoming less affordable for Maryland residents due to rising prices and slow construction, according to a recent University of Maryland (UMD) study.

The report released on July 24 by researchers at UMD's National Center for Smart Growth (NCSG) says that the state needs to build nearly 600,000 new homes by 2045 to keep pace with the projected rate of household growth.

The study estimates a shortage of nearly 300,000 affordable housing units, with the shortage disproportionately affecting low-income residents, older adults, and residents of color.

More than half of Maryland renters spend at least a third of their income on housing, the researchers found.

"Without further state and local policy action to support preservation of existing affordable housing and boost productio

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