Low-income housing in our backyards: what happens to residential property values?

A market analysis of four very low-income family housing developments in four growing Chicago suburban market areas was conducted. Despite expectations to the contrary, the evidence indicated that low-income housing does not necessarily lower the value of surrounding residential property or curb further successful market development in the immediate area. The conditions contributing to the success of the four projects analyzed include good community planning, good design and buffering of the sites, and good property management. (Reprinted by permission of the publisher.)

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