Renters seeking relief as rent spikes across Chicago adds to rising costs – CBS2 (Chicago)

Bronzeville landlord Ebony Lucas points to a property tax bill where taxes on the building jumped 76 percent. She once paid about $7,400, but a surprise bill in December, right around the holidays, jumped to $21,000.
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taxpayer
12 hours ago

“States including Oregon, California, New York, New Jersey, Maryland, Maine, and Minnesota allow rent control” says the linked report. But it says nothing about how that works, whether increases are permitted to cover taxes, what actual rent experience has been in those states.

Bobbi
12 hours ago

Rent control? How about some tax controls.

Admin
9 hours ago
Reply to  Bobbi

That’s a damn good point. If life were as simply as passing laws fixing prices, how about it?

The Railroader
12 hours ago

You get the political animals you vote for and are surprised when the bill for the political animal idiocy comes due?

You were warned. Repeatedly. You elected the dumbest again and again. Enjoy coughing up for their ‘priorities’.

Robert L Peters
12 hours ago

Go ahead and pass rent control. Then you can watch as the apartments get converted to condos and the supply of apartments gets really tight.

Irish Patriot
13 hours ago

Landlords are the middleman to collect the real taxes paid from the renter to the county.

Call my shrink
13 hours ago

When you reduce taxes ,rents will be reduced. But we aren’t billionaires so we don’t get tax breaks

Da Judge
14 hours ago

Illinois sheeple, vote with your feet and leave this fiscal black hole of a state.

Then you can sit back and laugh your arse off as it all collapses one day!!

Leaving Soon, just not soon enough
15 hours ago

It costs lots of money to fund pensions for 40 years and give 3% annual raises. Taxpayers will have to pay for it. Lots more public sector lackies going to retire soon, so you have not seen anything yet. Just wait and see what is coming in the future.

Sanity please
14 hours ago

Well said, the next desert coming up is the
money desert.
The meltdown continues in full force.

Bobbi
12 hours ago

Yep. That is just a matter of time before the meltdown.

kazys skirpa
9 hours ago

That’s pretty much it.

mqyl
8 hours ago

Yep, and Americans keep living longer. When this mess started, what was Illinois’ estimate of the number of years a pensioner would collect – a lot less than 40, I bet.

OldJoe
4 hours ago
Reply to  mqyl

The issue is public employees usually have retired by their mid 50s.

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