© 2025 KOSU
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Out-of-state investors price Indianapolis families out of affordable housing

A For Sale sign displayed in front of a home. (Joe Raedle/Getty Images)
A For Sale sign displayed in front of a home. (Joe Raedle/Getty Images)

Out-of-state investors are buying up thousands of properties in Indianapolis and converting them to rentals. Their cash offers make it harder for average families to compete, and affordable housing advocates are speaking out.

We speak to Ko Lyn Cheang, an investigative reporter from the Indianapolis Star who uncovered the trend, along with her colleague Claire Rafford.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

KOSU is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.