Chicago’s Hemorrhaging Housing Market – City Journal

For years, voters in some states have acted as if government financial problems, including massive pension debt, weren’t real. Everything would work out somehow, they seemed to believe. Take a look at Illinois and the nation’s third-largest city to see how that bet is playing out.
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debtsor
4 years ago

Really it kind of is a non-issue. Upper middle class people in they city have zero, literally zero reason to complain about higher taxes. that’s who they vote for, they vote for candidates who openly advocate to raise taxes on the ‘rich’. There should be no surprise when it turns out ‘they’ are actually the rich. I tell upper middle class progressives in the city this all the time. The poor people in chicago barely pay taxes any ways, and the tax bill which is factored into rent really isn’t all that much. Most landlords lose money in real estate… Read more »

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A statewide concern: Illinois’ population decline outpaces neighboring states – Wirepoints on ABC20 Champaign

“We are not in good shape” Wirepoints’ Ted Dabrowski told ABC 20 Champaign during a segment on Illinois’ latest population losses. Illinois was one of just three states to shrink in the 2010-2020 period and has lost another 300,000 people since then. Ted says things need to change. “It’s too expensive to live here, there aren’t enough good jobs and nobody trusts the government anymore. There’s just other places to go where you can be more satisfied.”

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