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Loosening up zoning rules that allow only single-family homes would make way for nearly a quarter of a million new dwelling units, according to Zillow.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
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.
Full interview and summary linked here.
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This is nonsense. Chicago doesn’t need more housing – it has plenty of housing, just not in the areas where people want to live. And the wrong kind of housing. Putting coach houses and granny flats on small single family lots isn’t going solve the housing problem for families with children who need more space. The problem is that the places with lots of affordable housing – the west sides and south sides – are filled with lots of vacant and underused housing, but the neighborhoods are dangerous due to the inhabitants. Englewood used to have 100,000 people at its… Read more »