COLUMBUS, Ohio (WCMH) – The City of Columbus is investing millions of dollars toward combating the city’s looming housing crisis.
Houses are getting more expensive, and, at the same time, central Ohio is growing exponentially, with some reports showing Columbus’ population doubling by 2050.
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According to Realtor.com, the median listing home price in Columbus was $289,000 as of July, a year-over-year increase of 11.2%.
“Central Ohio doesn’t need to wait to see the overcrowding and to see that unsheltered homelessness before we move,” Carlie Boos, the executive director of the Affordable Housing Alliance Central Ohio, said. “We don’t need to wait until the housing market is so broken that it takes half a million dollars to buy your first home.”