Now we know: Chicago property taxes rise nearly 7% – Crain’s*

Property taxes in Chicago rose 6.6% this year, with a twist no one would have expected just a year ago: Homeowners, not landlords, picked up a bigger share of the tab.
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Da Judge
9 months ago

Consider da Dems pols in Illinois and Sheeetcago and their masters da public sector unions like a Black Hole.
 
How do you stop da Black Hole from sucking in more and more of your wealth via higher and higher taxes.
 
Get as far away as you can from it.
 
Illinoisans, vote with your feet and flee da Illinois Black Hole!!

Old Joe
9 months ago

Folks, @ a 6.6% rate, property taxes double every 11 years.

Pensions Paid First
9 months ago
Reply to  Old Joe

Yup. Inflation causes things to double very quickly. Property taxes are no different.

Old Joe
9 months ago

Spot on PPF but the issue is that it’s really hard for a private sector workers’ wages to increase at rate greater than inflation. Old Joe usually had to line up a new job to get a boost in take home pay.

Pensions Paid First
9 months ago
Reply to  Old Joe

Average Illinois wage growth was 6.4% over the last year. Very similar to the property tax increase. Yes, job hopping or forming a union helps increase wages as well. The reality is that things cost more money now and that includes government spending.

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