Assessing Obstacles to Aging in Place for Chicago's Older Homeowners
Blog post by Institute for Housing Studies
May 26, 2023
Institute for Housing Studies (Chicago)
Recent IHS research has examined the housing market implications of the growing older adult (65+) population in Chicago and suburban Cook County. Building on this research, IHS has also convened regional stakeholders to discuss the implications of an aging population on their communities’ housing needs, most recently focusing on the challenges faced by older adult homeowners considering aging in place in single-family homes and 2 to 4 unit properties.
This research brief discusses some of the key issues that emerged from these discussions and includes new data analysis highlighting the characteristics and spatial patterns of properties owned by older adults in Chicago.