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

07:06
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 segment aired on September 21, 2023.

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