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Booming Rental Property In Columbus
Updated May 5, 2013 1:06 AM | Filed under: WBIW News
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(COLUMBUS) - A hiring boom at engine maker Cummins is leaving many people struggling to find apartments in Columbus.

The Republic reports demand for apartments is so high that many complexes are nearly full, and many have waiting lists.

That's forcing some apartment hunters to wait up to three months before getting a place.
Columbus added jobs at a faster rate last year than any other metropolitan area in the United States.

The boom is being driven by Cummins, which announced last summer that it would hire an additional 600 professional employees.

Belinda Graber of Columbus-based Appraisers Incorporated says the influx has driven up rental rates in the last 12 to 18 months.

There is some relief in sight for apartment hunters. Two new complexes are under construction.



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