Articles tagged 'Gentrification'
IHS’s Mapping Displacement Pressure in Chicago project supports ongoing and future public investment decisions by creating a leading indicator to identify neighborhoods where vulnerable populations may be experiencing affordability pressures and displacement risk from increased housing costs.
This analysis uses a unique data set to document the loss of the 2 to 4 stock in Chicago neighborhoods in an effort to understand the different ways that market forces put pressure on this key segment of the city’s housing market.
This guest blog, co-authored by a group of Chicago housing organizations, responds to IHS's recent analysis on the importance of and threats to 2 to 4 unit buildings in Chicago. It emphasizes the disproportionate health and economic impacts of the COVID-19 pandemic across Chicago’s communities of color; the potential implications for the stability of Chicago’s 2 to 4 unit housing stock; and the urgent need for coordinated actions to address existing needs of families that rely on the affordability that 2 to 4 flats provide.
This report goes “under the hood” of our Mapping Displacement Pressure in Chicago data to highlight how house prices are changing in the neighborhoods around The 606 and identifies potential opportunities to preserve affordability in surrounding communities.