The Briefing Room: Smith Island Cake Effect

Housing costs rarely rise because of one single policy, fee, or requirement. More often, they build layer by layer until the numbers no longer work. Capturing a Maryland icon, a housing advocate started to tag the layer-upon-layer of process as the "Smith Island Cake Effect." In Episode 5 of The Briefing Room’s housing finance series, Dom Butchko and Terry Hickey are joined by Maryland Comptroller…