Columbus, Ohio has stood out from its midwest peer cities, with strong growth. Can the city keep it up?
"Most of the fastest growing cities in America are in the Sun Belt or the Pacific Northwest, but one city in 'fly-over' country is keeping pace—Columbus, Ohio," according to an article by Adam Millsap.
There's lots of good news about population growth, income growth, and housing prices to report for Columbus, but Millsap also notes warning signs that the city's success might not last. The concern grows from the need for the city to drive growth with in-migration. Most of the recent growth in Columbus has come from people moving in from other parts of the state, and that's a trend that can't continue indefinitely.
Still, Millsap concludes with optimism:
Even though there are reasons to suspect Columbus’s growth will slow down, this doesn’t mean it can’t be a healthy city. As long as city officials and residents focus on providing core services, don’t stretch their finances too thin, and maintain a business environment that rewards innovation and success, Columbus should remain a good place to live and work even without the rapid growth.
FULL STORY: Columbus, Ohio Is Booming But Will It Last?
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