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Why the cost of rent keeps going up

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Sam Miller Sells

A common complaint from customers and clients is that the cost to rent a home or apartment is getting out of hand. It is no secret that the availability of quality homes or apartments to rent is extremely low. The limited supply of available rental homes and apartments has been causing the cost of housing to increase substantially over the last 3 years in Knox County Ohio and also throughout most of Central Ohio.

We do not expect this to change with the growth that our communities are experiencing and the demand will become even stronger as the big tech companies open their doors. We are expecting that the new expansion in tech companies could add 10,000 to 20,000 jobs on the north east side of Columbus near New Albany and Johnstown over the next 5 years. We will experience a sizable increase in rental and real estate housing demand from Columbus, Ohio all the way into Knox County Ohio. This video cover 10 things that are driving the cost of the available rental homes and apartments.

The Sam Miller Team
REMAX Stars Realty
710 South Main Street
Mount Vernon, Ohio 43050
call 7403977800
http://www.SamMillerSells.com

#CentralOhioRealEstate

posted by amanhiwc