Ted joined Jeff Daly of WZUS Decatur to talk about Brandon Johnson’s reception in Springfield, the impact of the teen takeover of Chicago over the past weekend, the city’s vacant downtown office buildings and what that means for property taxes, Illinois’ risky property market, and more.
To listen, click on Thursday, April 20, 2023 Podcast Hour 2
Read more from Wirepoints:
- 13 Illinois counties among the top 50 property markets nationwide most ‘at-risk’ of a downturn
- Chicago’s Empty Downtown Offices Are a Frightening Problem for all Chicagoans
- NYC’s low homicide rate is due to the decades-old policies that Manhattan D.A. Bragg loves to hate
- At $4.07, Illinois is still the extreme outlier east of the Rockies when it comes to gas prices. Gov. Pritzker, where’s the relief?
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Middle-class will be squeeeezed out of Chicago within next few years. Bye-bye! Small minority of wealthy “top 2%” liberal progressive households, willing to remain, will heavily subsidize the small actual tax-and-fee contributions from majority of city population. Young progressive college-aged adults will struggle to manage their household finances, probably remain subsidized by their parents (foundational underpinning of young grads who play “adult” while their parents largely subsidize rent, first home purchase, car, clothes, trips, even cell-phone plan). Already, their are huge shortfalls in municipal and county collections. Large numbers of south-side and west-side homeowners are delinquent in their real estate… Read more »
SV, there’s hardly any middle class left in Chicago. The middle class left a long time ago. The city is vast stretches of poor people with a islands of wealth along the lake front and in the far NW/SW side of the city. It’s not surprising that a city full of poor immigrants and african-americans would elect a South American Chavez-like Robin Hood who promises to take from White Wealth and give back to Black (and Brown) Labor. Brandon Johnson has been in the making for a long time. But don’t worry, the remaining middle and upper middle class voters… Read more »
Wait until the LaSalle St corridor is turned into affordable housing. ATTENTION!! FASTEN YOUR SEATBELT!!
PPF says there are lots more places to tax the taxpayers. We will soon find out.
The Commercial Club of Chicago also believes we should start taxing more. Higher income taxes and start taxing services. That evil old group filled with many senior business leaders wants more taxes.
Plenty more taxes out there.
Fat chance you will get any from me. See you in the Sun Belt.
Ken Griffen had the right idea. Like most of the current college graduates leave the state, see how that works out in the long run.
Sure we will. You have been complaining on this site for about 4 to 5 years now and you are still HERE. A month ago you threatened to take you 20k per year in taxes with you. Then a couple of weeks ago you threatened to take you 40k in taxes with you. Yet you remain. It’s almost like you are full of it.
Lol! Make them work and pay PPF. Get ‘em! “Work until death for PPF!” The new mantra
CHICAGO — Lenora Dennis not only witnessed the attack of a couple on Wabash Avenue Saturday night, she stepped in to help. “They were going to kill that young man,” she said. “They were stomping his head into the concrete.” Dennis ran across Wabash and said she yelled and cursed at the teenagers who were hitting and robbing the couple. She was relieved to see a police car approach but said officers, faced with multiple reports of violent acts downtown, didn’t stop. “I literally stepped in front of a squad car and motioned them over to see this was an assault on… Read more »
Hard to feel sympathy when this is what the voters continually vote for. Play stupid games …
Revenue declining, Pension time bomb exploding. The Chitty is doomed. Bankruptcy is the only way out for the Chitty. Leaving the Chitty is the only way out for the taxpayer. PPF and James and the likes of them have gotten their dream, total destruction of the economic system in Chicago.