Authors:
2022
The housing market has been experiencing significant changes in recent years, influenced by various economic and social factors. Rising property prices, driven by high demand and limited supply, have made homeownership increasingly challenging for many individuals and families. Additionally, the impact of the COVID-19 pandemic has shifted housing trends, leading to increased interest in suburban living as remote work becomes more common. This has resulted in a migration from urban areas to regions with more affordable housing options and larger living spaces. Moreover, the affordability crisis has prompted discussions about the need for more inclusive housing policies that address the needs of low- and middle-income families. As the market continues to evolve, understanding these dynamics is crucial for potential buyers, investors, and policymakers alike.