Marylanders Launch Affordability Push as CNBC Ranks State Economy 2nd Worst
Updated
Updated · Fox Baltimore · Jul 16
Marylanders Launch Affordability Push as CNBC Ranks State Economy 2nd Worst
3 articles · Updated · Fox Baltimore · Jul 16
Summary
CNBC ranked Maryland’s economy the second worst in the U.S., fueling a new resident-led affordability campaign against rising living costs.
The newly formed Maryland Affordability Project says three years of added taxes and fees — including title, registration, vendor and rental-car charges — are worsening pressure from energy bills and housing costs.
Founder Randy Altschula said Maryland is 2.5 times more expensive than Delaware, three times more expensive than Pennsylvania and four times more expensive than Virginia, arguing the gap is driving residents out.
Maryland also ranked fourth nationally for out-migration, and Altschula said the state lost 20,000 people last year as the group prepares to take proposed fixes to Annapolis.
The push adds pressure on Gov. Wes Moore, who said his administration would work to bring costs down for Marylanders.