Home buyer demand lives in Chicago’s suburbs – Axios

Without a widespread return-to-office, "vertical living in the city is still just quiet," broker Matt Silver says. Chicago's downtown activity has returned to 57% of its pre-pandemic levels, cell phone data shows.
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Truth in Cook County
2 years ago

The authors blame remote working, but conveniently ignore the elephant in the room. Rampant crime with no prosecution and therefore no consequences for the criminals. Chicago will continue to see business activity and house / condo prices push lower until the city and county leaders get crime under control.

debtsor
2 years ago

If history is any indication, it will be a generation or longer before the city and county get crime under control again. Chart below, from WP! shows that when crime becomes elevated, it stays elevated. This article complaining that living in a 2/2 city condo ordering Uber eats isnt cool any more is going to be the nuclear bomb for Chicago, as the pipeline of Big 10 grads dries up because they aren’t moving to Illinois to live in Schaumburg or Oak Brook.

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