Who's Buying Houses in Queens?

Passengers wait in the 82 Street Jackson Heights subway station in the Queens borough of New York, Tuesday, July 23, 2013 in New York. Jackson Heights is one of the more diverse neighborhoods in NY.

A new report from Jackson Heights housing advocacy group Chhaya CDC reveals that small homes in Queens are increasingly being purchased by investment companies as opposed to new families. William Spisak, director of programs at Chhaya, and Yangchen Chadotsang, housing preservation program manager at Chhaya, talk about the group's new report on the way small homes in Queens are being increasingly purchased by investment companies instead of families, often new immigrants, and what that means for the neighborhoods.