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Old Posted Apr 10, 2018, 4:39 AM
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Join Date: Sep 2006
Location: The Big Onion
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Quote:
Originally Posted by pip View Post
Thanks for the explanation. Just wow, to those low numbers! Will Chicago's Condo market recover before the next recession? We are going on 8+ years of economic recovery now.
From my understanding, most new units coming online downtown have been rentals, with condos being stronger in the neighborhoods; although apartments still dominate in the neighborhoods as well. Declining home ownership rates is a nationwide phenomenon.
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