Recent Homebuying Patterns for 2 to 4 Unit Properties
Report by the Institute for Housing Studies
March 2, 2023
Institute for Housing Studies
(
Chicago
)
This analysis builds on recent IHS research documenting the challenges and opportunities for expanding homeownership access and wealth building for Black and Latino households by highlighting the important role that 2 to 4 unit buildings play in homebuying for Chicago’s borrowers and neighborhoods of color. The analysis helps make the connection between policy priorities around preserving 2 to 4s with those that advance homeownership and wealth-building for moderate- and middle-income Black and Latino households.