Why are metro Chicago’s home values so weak? – Crain’s

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Steve Oh
6 years ago

Interesting article, but the writer Dennis Rodkin was so “weak”, I just emailed him this: Dennis, I grew up in Park Forest and fortunately moved in ’73, far away from ILL to go to college, and only return for HS reunions. I follow Chicago-land’s and ILL’s complete financial meltdown for curiosity’s sake. It’s a real-life disaster movie. I’ve been a pension actuary for 38 yrs so I know pension liabilities inside-and-out. Maybe you have a “deep-blue” mindset that prevents you from concluding the obvious — which is that ILL and Chicago-land have a “govt problem” — too much govt —… Read more »

Doug
6 years ago
Reply to  Steve Oh

Nice read Steve!, Also the Chinese only want condos in the Towers, no hassle come and go as they please. Without the Chinese buyers it would be even uglier.

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