What in the wide wide world of sports is going on with the Ohio real estate market? I will tell you what’s going on, and it’s not going to look pretty. First and foremost, my forecast is not to motivate people to sport Make America Great Again hats and try to bring manufacturing jobs back to the Rust Belt. On a large scale, that is never going to happen. What needs to happen is that people understand the changing landscape of America, the positive aspects of it and the changes they need to make in terms of investing in real estate in Ohio.
Rise in Residential And Commercial Properties
The real estate market in Ohio is going to take a long, long time to recover. That’s just the bottom line, and it’s not going to be average Joe’s that step in and buy up most of the struggling properties. It is going to be investors. Yes, those we buy ugly houses investors are drooling. They are making it happen, too, and that goes for both residential and commercial properties.
Is this a problem that is mostly just in Ohio? No, it is a problem that Ohio is showing us is one for the entire country. You can look at similar issues in Pennsylvania, Kentucky, Tennessee, Virginia, South Carolina, North Carolina, Missouri, Michigan, and the list goes on and on. Industries are changing, and the job market helps control the real estate market.
Rural America Going Down
If families in Ohio can’t get jobs, how can they afford housing? If housing isn’t affordable, how do communities flourish? With food and all other consumer products getting more and more expensive, the economic landscape worsens. Ohio is showing us how rural America is going down the tubes, and other big cities are showing us where America is headed.
The Chinese have managed to urbanize yet still pursue manufacturing, but America has decided to go in a different direction. The job market is what is really changing the economic landscape in the US, and it is going to continue to cluster people together in big cities and eliminate rural living. Who can afford rural living anymore?
Who would have thought it would be rural living that is unaffordable? As a matter of fact, Ohio is showing us that suburban living will be less and less affordable for most families. Many people will ignore the signs and make it economically the best way they can according to their individual situations. However, how to become real estate agent in ohio? the signs are clear and the repercussions will be felt.