Home sales plunged most in 12 years – Crain’s

Homes sales in the Chicago metro area last month dropped by about 40 percent compared to May 2019, and home prices went flat. The sales declines in both the city and the larger metro area were considerably larger than the nationwide figure. Home sales in May dropped by 26.6 percent across the U.S. from a year earlier.

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Could COVID-19 Spark a Downstate Renaissance? – Chicago Magazine

“A couple who paid $250,000 for a two-bedroom condo in Chicago could buy a four-bedroom, three-bathroom house in Springfield for the same price, Langfelder said. And as a state capital with a large white-collar workforce, Springfield is well-equipped for remote work: The city operates its own fiber optic network, with 270 miles of cable.”

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Editorial: Stop the terror, Mayor Lightfoot – Chicago Tribune

“Of course you also have to worry about how to reopen the city without setting off an increase in COVID-19 cases. But reducing violent crime comes first. It always must come first. If Chicagoans are afraid to leave their homes and afraid of being hit by stray bullets inside their homes, hygiene lectures rapidly lose their effectiveness.”

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Commentary: Chicago’s theaters won’t survive without relief – Chicago Tribune

“People point to the federal government’s financial support, but the Paycheck Protection Program doesn’t support Broadway, or Broadway In Chicago. We’re too big for PPP and too small for any major federal support. For those grateful theaters that received PPP, it ends this month even as theaters remain shut down indefinitely. The city and state are working on guidelines for this sector, but the federal government is silent on support for theater.”

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