Fishers, Indiana – named by Money Magazine as one of the best places to live – is part of a national trend: real estate investment groups buying up houses and renting them out, in some cases to families who had dreamed of owning their own homes. NBC News’ Antonia Hylton meets the Collier family, who rented a home nearby while trying to save up for their own. “It’s becoming more and more challenging to even get out of the renting game,” John Collier says. The mayor says that it’s “very, very difficult” to communicate with these companies that are buying up hundreds of houses in his community. In a statement, the National Rental Home Council says that its “member companies own just a fraction of the homes throughout the state of Indiana.” Proponents say these rental companies are creating opportunities for families to live in homes they might not otherwise be able to afford to buy, including traditional houses with yards.
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I realize this is a trend and I feel for these families. There are also families who live in rentals in this state that the properties are being bought by companies.and no longer accepting HUD and raising the rent just under 50 percent. They seem to care more about $$ than if people are homeless or not
Dont buy and rent from investor.
"Death of the Neighborhood,
Rise of the Investerhood"
Corporations need our help — more bailouts, legal protections, and tax breaks.
Its not new, they have done this millions of times, its all about greed. When they come along because you fall on hard times, raised your children in the home for 10 years, and take it from you. american dream is a scam.
This is sad
They came to Oregon and the big corps tried to stick it too me. I was after a lot of struggle able to purchase my own home. It is still possible, the higher interest rates will make it harder for first time home buyers though
these businesses are in the pockets of the politicians who have done everything they can to make them too big to fail in an attempt to get rid of the middle class.
Big money is buying solid assets to preserve their wealth during the impending economic depression. It's bologna to say that they're providing renters the ability to live in nicer areas. It's all about wealth preservation.
Same guys who blew-up the economy in 2008. And international investors laundering money.
Now if there is a law against it, everyone who bought a house will be stuck because they will lose 30-50% value of the home. They screwed us
The Wealth Gap keeps growing and shows no sign of slowing.
“They can rent the American dream “
Blackrock is the company & has an AI system named Aladdin that has been compiling input for over 30 years on trends in the stock market has now turned it's robot mind to dominating the Real Estate sector. Their endless cash supply gives regular people no chance to get into home ownership as they outbid everyone. We are going to be indentured servants at best soon.
It is about overpopulation. Housing prices is mechanism for pop. growth regulation. When there be less families and kids rents will drop and investors will loose interest
Deport. Traitors to. Russia.
Arrest Bonespures.
I should take those investors to Court. Because I'm Native American and that land belongs to me. And all the wood that is used to build those homes are most likely also from my land of America.
greed and fear is destroying this country
Investors are creating slums with high crime and trashy neighborhoods say what you want I've seen how people treat and act towards things they rent .
Omg , your suppose to be smart people. Intrest rates jumping like never before. People won't be abel to buy a house in 6 months . Only rich people will be abel to buy a house in Bidens America
Why is this not ilegal or at the very best regulated?
"Their American dream modified, not broken." Dumbest way to end this segment. How about you actually end it with, the reality of people working full time falling into homelessness because they can't afford rent, food, and medication?
High grass and weed issue. Does that cost extra?
Yet another major problem by way of corrupt city and state allowing such shady practices to favor the rich and scam the average folk. there is suppose to be safeguards to this sort of stuff.
Would be great to see these big investors loose their shirt but they will get bailed out if the real estate bubble bursts again.
How is this fing legal, this has single handedly destroyed Americans ability to buy homes 🤦♂️ make this illegal yesterday
Example of why Capitalism sucks
Oh. How sad. The “real ameriKKKans” are finally feeling life experiences.
Should be illegal in this day and time
The question is how to regulate it? Not if it is fair or not. Should new build homes be allowed to be purchased by corporate entities? Or should individuals / family buyers have the first bite of the apple. Very difficult to regulate in my view as the builder will say the larger companies pay a higher price.
Then you have to get into regulating the entire house building business where builders are prohibited from selling homes to corporations. Tricky to do – but may be necessary.
Yep big organization killing the America. dream just go down south to Mexico on a beach
“If the American people ever allow private banks to control the issue of their currency first by inflation then by deflation the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered… I believe that banking institutions are more dangerous to our liberties than standing armies… The issuing power should be taken from the banks and restored to the people to whom it properly belongs.”
Argh, the Midwest homebuyer is getting shafted like the coastal states' homebuyer!
There was a house in Seattle that had been in a fire, was currently uninhabitable, that sold over the listing for $1million, in less than a week. That was this winter. Oh and it was a modest sized home, like 1500 sf sized, in a residential, nice neighborhood. Yeah, that "stuck in a rental" has been going on out here on the west coast for several years, and now it's starting in the Midwest.
Thought about moving here a couple of years ago. Sad to see what’s happening to families.
there are people who cannot buy a single family home because your greed pig butt keeps buying them in cash. it is time for a pork roast.
Fishers used to be a small town. Now, it's one of the largest cities in Indiana & Hamilton County is the wealthiest county in the state.
que vor.monster encantan tus videos. Bendiciones hermosa Celina que Dios te cuide donde quiera los mortalesu abian apreciado tan hermosa mujer
LP reacted d ryt way, she is vym.Monster need of over drama, or over consider ations. She don't deserve *considerationsr. Lp പറഞ്ഞ പോലെ,, ജീവിതം തുടങ്ങിയല്ലേ ഉള്ളു, പഠിക്കട്ടെ.
The American dream as far as real estate is concerned isn't changing, it died in 2008 people are just catching up now👁
Corporations have taken over our govt, food and now housing. They must be stopped!
Real estate shopping for first time home buyers is like a hungry dog fighting with a stomach filled tiger over bones!
Guess nobody is gonna stop this huh?
You will own nothing and you will be happy.