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Odd Lots: How Baltimore Is Fighting Vacant Housing (Podcast)

Bloomberg Markets
Monday, May 4, 2026 at 8:00 AM
~4 min read
Housing

Original Report

Since Mayor Brandon Scott took office in 2020, he has fixated on a very visible problem in Baltimore: the tens of thousands of vacant homes that dot the city. It’s hard to build new houses when there...

Since Mayor Brandon Scott took office in 2020, he has fixated on a very visible problem in Baltimore: the tens of thousands of vacant homes that dot the city. It’s hard to build new houses when there are so many that sit empty and unused. And the process of tracking down owners, convincing them to sell their vacant properties, and then converting those homes into usable housing supply is a tall task. But in the last few years, the number of vacant homes in Baltimore has dropped from 16,000 to ju

Glass House Analysis

Housing sits at the intersection of economic policy and the American Dream. For most families, their home represents their largest asset and their primary path to building generational wealth. When housing becomes unaffordable, the social fabric frays—young people delay family formation, workers can't relocate for better jobs, and communities lose the stability that comes from homeownership.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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