Doug McCoy, director of The Center for Real Estate Studies at IU Kelley School of Business, joins to discuss rent increases in Indy
WIBC 9AM-Noon Podcast
WIBC
4.6 • 1.2K Ratings
🗓️ 9 May 2024
⏱️ 11 minutes
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| 0:00.0 | Pat Sullivan here to remind you to stop putting screens on your gutters. |
| 0:03.4 | Better to schedule a free estimate with the local experts at gutter helmet. |
| 0:07.2 | So you stay off the ladder. |
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| 0:10.5 | With gutter helmet helmet you'll never clean your gutters again. |
| 0:13.4 | Gutter Helmut Indie.com. |
| 0:15.3 | 93 W.I.B.C. it is the Kendall and Casey show. |
| 0:18.6 | I'm Rob Casey's here and you know Casey we have talked a lot about this. |
| 0:22.0 | Rent is kind of expensive yes it is especially |
| 0:25.6 | here in Indianapolis yeah you had talked about we are one of the highest rent |
| 0:30.0 | places in the across the fruited plane. Yeah you think of other major cities |
| 0:35.1 | like Nashville Tennessee for example a city that has been growing non-stop over the |
| 0:39.8 | past few years and with all of those people moving to Nashville you would think oh they're |
| 0:45.2 | probably jacking up the rent prices there but Indianapolis has higher rent |
| 0:50.2 | than a city like Nashville does yeah and obviously it's having a profound impact on people. |
| 0:54.4 | Let's get to the bottom of what's going on. |
| 0:56.8 | Luckily, Casey, we've got a guy. |
| 0:58.7 | Yes, we do. |
| 0:59.6 | Yeah, joining us now on the W-I-V-C hotline, |
| 1:01.4 | his name is Doug McCoy. He's the director of the |
| 1:03.6 | Center for Real Estate Studies at the IU Kelly School of Business. Doug, why is |
| 1:09.0 | rent skyrocketing throughout much of Central Indiana? Well there's a lot of reasons for that, and I'll just list some of them, which are going to be common to some of these other markets, and then maybe we can differentiate as well. |
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