Opinion: Illinois’ beleaguered housing market faces a new threat from Pritzker’s progressive tax – Crain’s*

Economist Orphe Divounguy:  "If the tax passes Nov. 3, Illinois homeowners could see close to a 20 percent decline in housing appreciation during the next decade. But it's still not just homeowners who would suffer. When homeowners are less wealthy, they spend less. That means less business revenue, less new investment and fewer new jobs. The entire economy suffers."

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