A National Trend Comes To Fishers, Indiana: Big Companies Buying Up Single-Family Homes
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. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: https://smart.link/5d0cd9df61b80 Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 Visit NBCNews.Com: http://nbcnews.to/ReadNBC Find NBC News on Facebook: http://nbcnews.to/LikeNBC Follow NBC News on Twitter: http://nbcnews.to/FollowNBC #NBCNews #Indiana #Renting
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A National Trend Comes To Fishers, Indiana: Big Companies Buying Up Single-Family Homes
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