September 25, 2023

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Texas Ranked as Worst State to Live in, According to CNBC

In a recent ranking released by CNBC, Texas has landed at the bottom of the list, being named the worst state to live in. Falling behind in the quality of life category, the Lone Star state has faced criticism for its laws, policies, and lack of inclusivity.

One of the reasons for Texas’ poor ranking is its recent legislation on diversity equity and inclusion, transgender healthcare for minors, and access to abortions. These laws have been viewed by many as discriminatory and have impacted the state’s reputation.

Additionally, Texas has dropped out of the top five states for business, ranking 6th this year, which is the first time in a decade that it has not made it to the top five. The declining quality of life ranking has been a concerning trend for the state since 2017, but this is the first time it has appeared on CNBC’s list of the 10 worst states to live in.

Interestingly, experts suggest that Texas might have ranked even lower if not for the actions of state Democrats. Their staged walkout effectively killed a controversial voting restriction bill, and this played a role in preventing the state from falling further down the ranks.

Despite the unfavorable ranking, Texas continues to attract new residents. U-Haul data reveals that it has been the most popular state to move to for the past two years. Houston, in particular, has experienced significant population growth, earning itself the title of the fifth most popular relocation destination in the U.S.

Affordable housing prices compared to other states and job opportunities are the main reasons for the influx of residents. Despite the negative aspects, Texas still presents itself as an attractive option for many individuals and businesses.

Governor Greg Abbott has come out in defense of the state, highlighting its absence of personal income taxes, a high concentration of Fortune 500 companies, and a young workforce as factors that attract people and businesses to move here.

As Texas grapples with its ranking as the worst state to live in, it remains to be seen whether the state will take actions to improve its image and quality of life or continue down this path.