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Chicago homeowners are suffocating under pensions and property tax hikes
Washington Examiner ^ | August 23, 2019 | Orphe Divounguy

Posted on 08/26/2019 6:50:23 AM PDT by C19fan

The nation is more than a decade past the Great Recession, and most places are seeing a strong economic recovery and improved living standards.

Not in Chicago, and not in Illinois.

August statistics from the National Association of Realtors noted the city and state’s real estate market has severely underperformed, a trend forecasted to continue in the third quarter of this year. While the Midwest and the nation as a whole saw a very minor dip in home sales and surging Midwest home prices, Chicago missed the wave. Home sales in the Windy City experienced a 13.3% plunge, and the typical home sale price is barely climbing at all.

(Excerpt) Read more at washingtonexaminer.com ...


TOPICS: Business/Economy; Crime/Corruption; Politics/Elections; US: Illinois
KEYWORDS: bluezones; chicago; pensions; retirement; taxandspend
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To: Bonemaker

It’s that whole state. When you go back through the history of our country, so many bad things came from Chicago. And its pizza sucks.


41 posted on 08/26/2019 10:02:40 AM PDT by qaz123
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To: Rurudyne

And these same homeowners keep voting for these thieving, lying dog turds. They have no sympathy from me, this is self-inflicted.


42 posted on 08/26/2019 11:08:15 AM PDT by sarge83
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To: C19fan

We can pay these fat pensions for gov’t workers. Just divert more money from road repair. Potholes will make drivers more nimble as they weave around them.

Electric rates in California will soon to be .22 cent a kw , why stop there?.... 9 cents elsewhere in the nation or lower. Gas taxes are $1.00 higher in California then anywhere else in the nation, why not raise them some more?

I am sure the taxpayers do not mind not being able to retire with more savings as they know some gov’t worker who has run this state into the dumpster will be able to retire in style.

We can retire to the sidewalks, the brush or the woods or a thousand other formally nice areas.


43 posted on 08/26/2019 12:28:07 PM PDT by minnesota_bound
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To: i_robot73
If they can TAX it, you don’t OWN it.

Not really true, there are certain benefits that you derive from being a property owner....police and fire protection, road maintenance etc. that they require you to pay for.

44 posted on 08/26/2019 2:27:16 PM PDT by terycarl (Notre Dame was God's way of pointing out that France has fallen from His favor....)
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To: saleman

Yeah, a Damn Yankee.
If they’d just move down here, adapt, forget ‘the way we did it’ and vote Repub.
But no, they bring their liberal social ideas with them.
My word for it is.. Metastasizing.


45 posted on 08/26/2019 3:25:00 PM PDT by Vinnie
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To: terycarl

You get those if you don’t own property too. Try again.


46 posted on 08/26/2019 8:22:04 PM PDT by Henry Hnyellar
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To: terycarl

1) Bill ‘em DIRECTLY.
2) They are SERVICES (don’t use, don’t pay).
3) Road maint = gas taxes

2A) Considering the police are under ZERO obligation to come when called anyway)...how’s THAT working out for ya?

One doesn’t pay the property taxes, the State comes & evicts you from said property. AKA you don’t own it.


47 posted on 08/27/2019 8:01:06 AM PDT by i_robot73 (One could not count the number of *solutions*, if only govt followed\enforced the Constitution.)
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To: Henry Hnyellar
I>You get those if you don’t own property too. Try again

you pay taxes indirectly as part of your rent payment

48 posted on 08/27/2019 8:07:08 AM PDT by terycarl (Notre Dame was God's way of pointing out that France has fallen from His favor....)
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To: i_robot73
1) Bill ‘em DIRECTLY. 2) They are SERVICES (don’t use, don’t pay). 3) Road maint = gas taxes 2A) Considering the police are under ZERO obligation to come when called anyway)...how’s THAT working out for ya? One doesn’t pay the property taxes, the State comes & evicts you from said property. AKA you don’t own it.

They can't bill a renter directly, the home owner pays the tax and adds it to the rent....the police virtually come when called and the fire department too. Gas taxes don't pay for snow plowing, street sweeping, crossing guards etc, property taxes do. If you don't pay your rent/property tax, the landlord will throw you out,,,same results,

49 posted on 08/27/2019 9:41:59 AM PDT by terycarl (Notre Dame was God's way of pointing out that France has fallen from His favor....)
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To: C19fan

Chicago’s a democrat hellhole... I’m amazed more people haven’t left already.

Note to Chicago Democrats: don’t come to Florida with your stupid liberal ideas. If you like democrat hellholes - stay where you are don’t bring that crap here. Same for liberals in New York City... stay put. Don’t come here if you bring those ideas with you.


50 posted on 08/27/2019 9:46:01 AM PDT by GOPJ (Epstein provided white liberal 'elites' with children to rape. The white liberal press ignores ...)
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To: dp0622

“Can a country be a republic and a democracy?“

No.

L


51 posted on 08/27/2019 9:47:23 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: Lurker

Thanks.

Boy you can’t get a straight answer about that online.


52 posted on 08/27/2019 9:51:45 AM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: dp0622

“Boy you can’t get a straight answer about that online.”

You just did. LOL.

Best,

L


53 posted on 08/27/2019 9:53:57 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: Lurker

LOL


54 posted on 08/27/2019 9:55:41 AM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: terycarl

Renter?? Renter != property owner, so why are you conflating\bringing into the discussion??

Police VIRTUALLY come when called? WTH does *that* mean?


55 posted on 08/27/2019 1:15:20 PM PDT by i_robot73 (One could not count the number of *solutions*, if only govt followed\enforced the Constitution.)
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