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flag Maryland Governor Wes Moore addresses the declining homeownership among young adults due to rising housing costs.

flag Maryland Governor Wes Moore highlights the challenges young adults face in achieving homeownership due to soaring housing costs. flag Median home prices have risen much faster than incomes since 1980, causing the homeownership rate for 35-44 year-olds to drop by over 10%. flag This trend hinders wealth building through home equity. flag Suggested policy changes include educational opportunities, down payment assistance, and reducing regulatory barriers to housing production.

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