-- Connecting the dots between our economy, government and business --
Illinois home prices, especially in the Chicago area, appreciated at the slowest pace in the nation last year, growing just below the rate of inflation. One of the fastest-growing areas in the nation, according to a new report, was right next door to Illinois.
The in-flow of Chicagoans is one of the key reasons behind the Gary area’s 7.9 percent increase in home prices year-over-year, according to an analysis of home price indices from the third quarter of 2019 by the Federal Housing Finance Agency, higher than all but six areas nationwide.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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.
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Summary and audio linked here.
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Audio and summary
Gary is hot for two reasons: The first is Chicagoans from the south side are moving a few miles east over the border into Indiana because it’s cheaper and has less crime. Secondly, that Miller Beach summer home area is pretty hot too. So between the two, yeah, Gary is coming back strong.
…and Dems will tell you the 2 are unrelated. They must think 100% of Illinois residents are fools when it’s more like 60%.