Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
23 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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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.
Well this show is come to an end for a long time. The upcoming recession will be accompanied with high interest rates and a low rate of new housing starts.
Why not create developments in which most of the units are at or above market rate but that premium is used to subsidize the below-market rate units? That way, the people who truly believe in subsidized housing can put their money where their mouths are and actually live in these properties.
Democrats, destroying every neighborhood they can except their own
: Draconian Rules And Mandates Are Not The Answer For Affordable Housing — The Answer Is Tax Incentives For Developers
Chicago keeps piling stupid layer on stupid layer on its affordable housing program. This tax break has to be paid for by other property owners, driving up rents and reducing the value of their investments.
The irony is that affordable housing is only affordable for the first owner. IIRC, the first owner can, after some time, resell the unit at market price, which of course is higher than the affordable housing price. Which creates the need for more affordable housing.