Ted was on with Dan and Amy to talk about the implications of giving government unions even more power under Amendment 1, why Illinoisans home values haven’t grown in the past 20 years and how Chicago’s data on crime and education show how much the city’s leadership has failed residents.
Read more from Wirepoints:
- Chicago not a “hellhole,” but the facts show it’s a living hell for far too many people
- Wall Street Journal Calls Out The Whopping Lie Behind The Pending Constitutional Amendment Illinois Is Ignoring
- Thirty years of pain: Illinoisans suffer as property tax bills grow far faster than household incomes, home values
Audio and summary 
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Think about all the value you’re getting from the Services though.
You know, the Services from those valued government unions!
It’s the Services!
Does anyone know if there are any ‘VOTE NO ON AMENDMENT ONE”
signs..to order??
The Chicago area, and greater Illinois, is a relative value compared to other cities around the country. Yes, the taxes are high but the lower home prices offset the insane taxes. But, that ‘relative’ value comes at a cost, primarily that only two groups of people want to immigrate here: illegal immigrants and hardcore AWFL’s/communists. Our terrible political climate scares away half the country. No native person even slightly to the left considers moving here. Ask companies about trying to hire from out of state – no one will relocate! Additionally, the high taxes, only set to increase, scare people… Read more »
Not true. Sorry. We had flat growth for most of the ten years we lived in Lake County, but thanks to runaway stimulus and below 3% mortgages we sold our home with a huge gain. It all happened in the last year though. Before that it was flat flat flat.
You have to time it right. My wife’s cousin and his wife sold their lakefront Lake County home this year as part of their move out of state. Unlike us they made money after selling (He’d had the house for nearly twenty years) but they did have to reduce the asking price twice. Perhaps they were way out of line, or perhaps the mortgage + property tax payment reduced the pool of buyers.
Well in Detroit a while back you could buy an abandoned house for one dollar.
Yes, you read that right and it will happen here eventually.
You can own a home in other states for the cost of Illinois property taxes.
Indeed. We moved to Indiana. We are saving enough on taxes to buy a second home in Florida.
and Illinois is now #1 in foreclosures, per latest atton report, even with all the fed covid housing relief…..with not a peep from pol or press
So basically after a “Dead Cat Bounce” of Chicago residents fleeing the city proper to the suburbs, Illinois house prices are falling back down again. As others have pointed out if it isn’t Illinois reputation that does the state’s housing values in, it’s the extortionate property taxes. When we moved out in 2017 our house’s monthly tax payment exceeded our mortgage payment amount. And it’s gone up for the new owners since then. We have a relative who sold his house last year in far suburban Cook County and moved to a nicer house in Will County. With the Senior… Read more »
Will County isn’t the value it once was.
As if it ever was. We got our pockets picked paying property taxes to Will County the combined twenty years we lived there. (I didn’t live there a continuous stretch of twenty years).
Theft of home equity by excessive taxation should be a crime. Taxing bodies have been using our properties as their personal ATM machines for decades.
The recent dramatic rise in home prices nationwide masked the discrepancies between high and low tax states home appreciation. Now we will see if the reverse is also true. Housing is starting to decline nationwide. Will Illinois residents notice they are falling faster in their state than others?