The Rise and Fall of Chicago Neighborhoods – Chicago Magazine

“We’re creating new luxury housing and getting rid of affordable two-flats on the South Side,” said Daniel Cooper, director of research for the Metropolitan Planning Council. “Those people aren’t moving to the Loop. The least-educated residents, people with blue-collar jobs, are going to other states. The city will become wealthier and whiter; we will continue to lose Black population. We’re losing Latinos to the Cook suburbs.”

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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