Tenants rights advocates warn of eviction wave in January – Chicago Sun-Times*

Aside from extending the moratorium, the researchers called on the state Legislature to enact other protections for renters, including allowing temporary seals on eviction cases to make it easier for people forced out of their homes to find another apartment.
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Mike
5 years ago

Landlord rights? If the State wants to prevent evictions, the State should pay the landlords or house the evicted tenants somewhere. Oh, the State is broke and it does not cost the State a dime to prevent landlords from evicting tenants. But preventing evictions results in less revenue to the landlord which results in less profit, or no profit, for the landlord. The main reason for being a landlord is generally to generate a profit. That seems obvious to many yet where is the debate? The General Assembly hides behind the so far untouchable billionaire Governor JB Pritzker. The courts… Read more »

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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