-- Connecting the dots between our economy, government and business --
Cities face an uphill battle passing new funding measures to support brand-new housing initiatives, especially when voters are invested in keeping real estate taxes flat. In Chicago, one of the main groups opposing the Bring Chicago Home campaign said raising taxes could also raise housing costs, hurting homeowners and renters alike.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
Great comments.
Homeless problem? A good first step would be secure the border while deporting the hordes already here
Won’t solve the whole problem, but might be a good start.
Social engineering gave Chicago “affordable housing” with Cabrini Green and the projects … what are they planning for us now? More of the same?
Homelessness has NOTHING to do with affordable housing and everything to do with mental illness, drug addiction and alcoholism. Most homeless choose to be homeless so that they can do what shelters won’t let them do: take drugs and drink. State run insane asylums are the answer. Up until the early 1980’s every state had such a program until Ronald Reagan rightly said: “why is the federal government paying for this local issue?”He cut federal funding and handed it over to the states……..who folded and failed to pay for this clearly local issue. And here we are.
Real estate prices shot up because of low interest rates, which encouraged reckless borrowing, pumping more money into the economy, which causes inflation, causing people to borrow more money at low interest rates to keep the party going. The Fed is nearly 100% responsible for the lack of affordable housing.