-- Connecting the dots between our economy, government and business --
After slipping into a deep freeze during the pandemic in 2020 and running hot in 2021, the market is cooling somewhere in the range of “just right.” The downtown occupancy rate remains high—94.4% in the first quarter, versus 94.5% a year earlier—but rent growth is slowing, according to the Chicago office of Integra Realty Resources, an appraisal and consulting firm.
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
I don’t believe these statistics.
The bubble of all these downtown apartments — for a downtown that is mostly a ghost town (thanks to crime, riots, COVID lockdowns, and a high tax, hostile business climate) — will eventually burst — the fallout won’t be pretty — especially if Democrats decide to (once again) make taxpayers foot the bill for this Mega Moral Hazard