Why is Indianapolis so cheap?

[Serious Conversation]

There is lots of available land to build on in central Indiana. The Indianapolis metro could really build all the way out to Kokomo and Anderson on the north side and there is nothing to really inhibit growth. If that land was in hot demand, much of it would already have been built up. Towns like Carmel and Fishers have really grown, but there are many outlying towns that could grow, and still a lot of land beyond that. When land is readily available, it will be cheaper.

Indianapolis is also not a destination city like Portland or Austin. There's not a lot that separates Indy from other midsize Midwestern metros (Columbus, KC, Cincinatti). It's a fairly run-of-the-mill place overall. There's nothing in the topography or weather that's particularly attractive.

Indy really does have quite a bit at the price level, but it's just not a place people dream of being.

[wh15395]

Originally Posted by Emigrations

There is lots of available land to build on in central Indiana. The Indianapolis metro could really build all the way out to Kokomo and Anderson on the north side and there is nothing to really inhibit growth. If that land was in hot demand, much of it would already have been built up. Towns like Carmel and Fishers have really grown, but there are many outlying towns that could grow, and still a lot of land beyond that. When land is readily available, it will be cheaper.

Indianapolis is also not a destination city like Portland or Austin. There's not a lot that separates Indy from other midsize Midwestern metros (Columbus, KC, Cincinatti). It's a fairly run-of-the-mill place overall. There's nothing in the topography or weather that's particularly attractive.

Indy really does have quite a bit at the price level, but it's just not a place people dream of being.

Man, your posts are getting extremely repetitive.