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.”
It’s ok. Housing is actually going to get real affordable in Illinois in the coming years.
Yeah, your property taxes will be suffocating, but you’ll be able to pick up that condo or small house for a dime.
I’ll never understand why progressives seek to emulate the disastrous housing regulations of San Francisco and New York, but regardless their onerous requirements will just make it so landlords have to raise their rents and security deposits to cover the cost of business. Then as affordable housing becomes even less available, they’ll push harder for rent control, which if successful will lead people converting their apartments into condos or larger homes. If Chicago really wants to increase affordable housing, it should look at what it needs to do to get people to build again on all its empty lots.