Illinois housing stock remains woefully low, prices climbing – Illinois Policy

Realtor.com data shows Illinois has regained only 40 percent of its pre-pandemic housing listings. The U.S. average is 90 percent—over twice Illinois’ pace of recovery. The U.S. average also increased about 15 percent since this time last year, while Illinois only improved 2 percent. The rest of the country seems to be improving their housing picture; Illinois, however, remains largely the same.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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