[ClearCase_guy]

Many residents currently pay between $700 and $800 a month in rent.

That's what I paid for rent in Boston 40 years ago. What kind of deal are they getting in Chicago?

[GOPJ]

Many residents currently pay between $700 and $800 a month in rent. Some say they have lived in the building for 30 or 40 years and fear they will not be able to find comparable housing in Woodlawn if rents rise or the property is redeveloped.

In Florida you couldn't get a one room garage apartment for that money...

[trebb]

“Many residents currently pay between $700 and $800 a month in rent.
That’s what I paid for rent in Boston 40 years ago. What kind of deal are they getting in Chicago?”

Exactly - they force price controls and then everyone wonders why places turn to slumville tenements over the years...

[PGR88]

That's what I paid for rent in Boston 40 years ago. What kind of deal are they getting in Chicago?

It's the South Side of Chicago. Where the University of Chicago and Hyde Park border ends, the roughest and most violent parts of Chicago begin.

The University has an unspoken agreement with the "neighborhood" not to develop farther south than 61st street - which I always found strange. Its the ghetto - it NEEDS development.