Articles tagged 'Rental Housing'
Why half of Cook County renters pay more than they can afford in rent
More people are renting, but de-conversion & richer tenants are fueling a terrible affordability gap
The Beloved Chicago Two-Flat Is In Distress
The two-flat has been a stepping stone to the middle class and a source of affordable housing for more than a century. But for how much longer? It’s been called a “workingman’s palace.” The humble two-flat is often named as one of Chicagoans favorite things about their hometown—along with hot jazz,...
2017 State of Rental Housing in Cook County
This release of the State of Rental Housing in Cook County updates key data on changing rental demand, the supply of rental housing, and how these dynamics are affecting access to affordable rental housing for Cook County's lowest income households.
Goodbye two-flats, goodbye affordability
Shopping for a home? New data show it's slim pickings
Eviction filings in Chicago appear to be on the decline
Can the Housing Market Accommodate an Aging America?
Every day 10,000 Americans celebrate their 65th birthdays. That has been the case since 2011 and will be the case until 2030, according to Pew Research Center. At that point, nearly one in five Americans will be 65 or older.How will the housing market respond as these Baby Boomers enter old age en...
Renters by Choice
More and more Americans are opting out of homeownership.Renting is on the rise. As American homeownership rates have fallen in recent years, rental demand has leapt. Between the second quarters of 2014 and 2015, for example, the number of owner-occupied households dropped by 400,000, according to The Wall Street Journal, hitting a 48-year low; in the same period, the...
Understanding neighborhood multifamily lending trends in the wake of the housing crisis
In light of the continued acute need for affordable rental housing in Cook County, the latest report from IHS examines a key challenge to maintaining and increasing the supply of affordable rental units: access to credit for multifamily properties in the county's lower-income communities. This report builds on the findings from the 2013 State of Rental Housing in Cook County using mortgage data released in October of 2014.
