Central Ohio executives say addressing the issue of more affordable house is the top thin that could be done to improve the region's business climate.
in central Ohio is becoming a business issue, according to a survey of executives who say addressing the problem is the No. 1 thing that could be done to improve the region's business climate.
Of the C-suite executives in companies, nonprofits and government agencies who were surveyed, 38% identified addressing affordable housing as the one thing that could be done to improve the regional economy, up from 23% in the prior year's survey. Housing prices have continued to climb in central Ohio even as home sales have gone down in recent months. Thethrough the first 11 months of 2022 was $290,000, up 11.5% from the previous year.
The survey said the top challenge facing business continues to be the availability of labor followed by the current cloudy economic climate where rising interest rates are threatening to push the economy into a recession.
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