Easy fix. Raise property taxes. That makes the houses worth more.
Baltimore-Columbia-Towson metro area were down 8% in the year ending June
I don't think raising property taxes 8 % is the answer. The value of a house isn't predicated on property taxes only.
Of course I could have missed your sarcasm tag !
Funny you mention taxes. Besides having high taxes, Md passed draconian lead abatement laws for rentals. Sounds nice, in practice its not. Any home built before 1978 must be inspected and certified lead free.
Only accredited inspectors are qualified to provide these inspection services. The Law also requires registration, fee payment and distribution of educational materials in
addition to the inspection requirements.
It makes some homes unmarketable at any price. Guess when all Baltimore was built?