Nearly half of Fishers' rental homes are owned by out-of-state landlords

Fishers debates 10% rental cap designed to protect neighborhoods

Fishers considers rental property cap FISHERS, Ind. (WISH) — Two meetings in Fishers on Monday tried to explain the proposed housing rental cap in city neighborhoods. The proposed ordinance, first unveiled in February, would require a 10% cap on rental houses and townhomes in neighborhoods across the city. It would go into effect at the beginning of 2026 and would grandfather in all existing rental homes. The city government had an online inform…

Nearly half of Fishers' rental homes are owned by out-of-state landlords

FISHERS The journey to buy a home can feel like a battle if you compete against deep-pocketed investors. Fishers has a plan to try and level the playing field by limiting how many homes companies can own."I was hearing from all of these people who wanted to move to Fishers and wanted to buy a home and kept getting beat out by people who wanted to buy them and turn them into investments," said Fishers mayor Scott Fadness. Fishers' proposal would …

Home rental caps: A Tale of Two Cities

(L-R) Meigan Wise, Andrea Davis, Janet Pritchett and Steve Ladig With apologies to the great English author Charles Dickens, Monday was a day with a tale of two cities – one city with a single-family hone rental cap and one without it. The day started with a  noon Webinar hosted by Chief of Staff for Fishers Mayor Scott Fadness, Jordin Alexander.  Mayor Fadness provided introductory remarks and turned the event over to his Chief of Staff.  She r…