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Source:
The Columbus Dispatch
The Columbus Dispatch
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The traditional starter home in Columbus has become increasingly inaccessible due to rising housing prices, with median sales prices surpassing $350,000 and requiring household incomes of around $110,000 for affordability. Experts note that while lower-priced homes still exist, they often come with trade-offs such as size, condition, or location, and the concept of a basic initial home has significantly changed or diminished. Factors like corporate investor purchases and zoning policies further restrict options for first-time buyers, making homeownership more challenging for many.
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