Marketplace®

Daily business news and economic stories

Looking for a house on a budget? How does $1 sound?

But there's a catch.

Looking for a steal on a house? There’s a handful of homes in Indiana going on sale for one dollar. But there’s a catch. There are strict rules around making sure the houses are fixed up and compliant with city code quickly after you buy the home. They’re available to locals in Gary, Indiana — a city hit hard by the mortgage crisis and the long decline of U.S. steel. 

Karen Freeman-Wilson, mayor of Gary, Indiana, joins Marketplace Morning Report host David Brancaccio to discuss. 

Click the audio player above to hear more. 

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    2 days ago
    25:48
  • Make Me Smart
    2 days ago
    24:33
  • Marketplace Morning Report
    2 days ago
    6:48
  • Marketplace Tech
    3 days ago
    10:08
  • This Is Uncomfortable
    7 days ago
    4:41
  • Million Bazillion
    a month ago
    32:45