-- Connecting the dots between our economy, government and business --
The exorbitant property taxes on homes priced more than $200,000 likely is a big reason why people aren’t upgrading, experts have said, and it’s creating a situation where there isn’t much movement, as prospective buyers are left without many options.
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Audio and summary Why the Holdup Using Artificial Intelligence to Cut Illinois Government Costs? – Wirepoints
May 19, 2026
10 Comments
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.
Note to readers from Mark Glennon re: Ukraine
May 6, 2026
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Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Wirepoints’ Mark Glennon on AM560’s Morning Answer – Chicago’s struggling commercial real estate and more
April 22, 2026
5 Comments
Summary and audio linked here.
There should be an abundance of 200K homes in about 2-4 years or less in McHenry county. With ever rising property taxes people will be lucky to get 200K for a 300-400K home. With the possibility of transferring $2 billion in pension cost to local school districts and what people don’t think about often is that that new Fed Chief may raise interest rates up to 3 times this year. What will that do to the housing market? Soon there will be a new wave of foreclosures coming if interest rate hit 5% or more plus higher tax rates.