The state’s ban on rent regulations means Lightfoot doesn’t have the authority to enact a rent freeze. And while Pritzker expressed support for repealing the state’s 1997 Rent Control Preemption Act during his gubernatorial campaign, the ban remains intact. His office did not immediately respond to a request for comment Monday.
A necessary component of a ‘rent freeze’ is a ‘real estate property tax freeze’ as a substantial portion of every tenant’s rent goes to the local government. The landlord is just the middle man doing the collection on behalf of the county. Naive renters don’t quite understand that $700 of their $1,200 rent goes directly to pay the pensions of people who no longer work for the government, but instead, are in red states in their cheaper housing, fishing and boating their retirement time away. It’s all a big mess as it’s all interconnected. A generalized rent strike means that… Read more »
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
These renters are price-gouging
A necessary component of a ‘rent freeze’ is a ‘real estate property tax freeze’ as a substantial portion of every tenant’s rent goes to the local government. The landlord is just the middle man doing the collection on behalf of the county. Naive renters don’t quite understand that $700 of their $1,200 rent goes directly to pay the pensions of people who no longer work for the government, but instead, are in red states in their cheaper housing, fishing and boating their retirement time away. It’s all a big mess as it’s all interconnected. A generalized rent strike means that… Read more »