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.
We must protect the musicians, actors, comedians, waiters and waitresses, and gig workers who don’t pay into the system from eviction. Chicago is becoming socialist with more freebies for the permanent victim class.
Chicago? Don’t forget we have the same problems downstate as well.
Our ‘so called’ leaders don’t care. Sad. I fear for my beloved State.
More proof that the state of Illinois thinks it owns you, your property, and your income. Illinois: the most unconstitutional state in the union.
Renters should not have to pay, home owners should have to pay.
Taxes collected no matter what.
This will add to the destruction of Chicago, like throwing gas on a fire.
Landlords should just walk away and let the County and banks own the buildings.
Ghetto housing in Downtown Chicago high rises.
Interesting concept leaving renters become deadbeats with no repercussions. What this might make many landlords do is look for section 8 tenants because section 8 always pays.
Coming soon to a neighborhood near you.
Great point.
It is the government’s job to provide free housing, not the private sector. All this is doing is encouraging real estate investors to buy anywhere but Illinois.
It is NOT the governments JOB to provide free housing. You are part of the problem!
This will never end
Absolutely terrible so many landlords will lose everything all chuckles has on his mind is re election this man needs to go along with the weasel. I might as well stop paying my mortgage and property taxes it’s COVID related and yes people are taking advantage of this don’t think there not.
This is a criminal situation on the governors part.