Maryland Comptroller: Housing Costs Causing Significant Outmigration

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A new report from the Maryland State Controller concludes that the state’s high housing costs are driving significant outmigration and that this could potentially have a negative impact on Maryland’s labor market and economy. The report finds that the state is losing a “net average of 40,000 people per year to states with lower housing costs and more housing options”. While the report doesn’t offer any policy recommendations, it does provide a comprehensive analysis of the factors that have contributed to the current condition of the state’s housing market.

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