Is Wall Street Crowding Out Indianapolis Home Buyers?

[Adam Oldham]

I came across an article today that was one of the top stories on Yahoo. It focuses on the increasing number of real estate investors in Indianapolis and how they're outbidding retail buyers. According to the article, around 5% of the properties are being bought by investment companies, leading to concerns that regular homebuyers are being priced out of the market.

• 1) Do you think this could become a long-term issue, given that the current percentage of investor-bought properties is relatively small?
• 2) Are large investment companies like BlackRock contributing to a potential decline in homeownership?
• 3) Is this a trend localized to Indianapolis, or is it indicative of a broader national issue?

Would love to hear your thoughts on this.

https://finance.yahoo.com/news/blocked-wall-street-homebuyer...

[Trevor Richardson]

This is a national item. It’s common that this topic is misrepresented.