Quote:
Originally Posted by Chicago Shawn
What’s even further maddening is the precivied lack of affordable housing in our region is a total myth, borne out of the fight over a select few rapidly gentrifying neighborhoods, while huge swaths of the region are suffering from abandonment and demolition. The average price of a home sold in Harvey last year was $32,000, as recently reported in Crains. How in the hell can we legitimately claim there is an affordability ‘crises’ when entire communities with direct transit access to the Loop have the average single family home being sold for the price of car?
And for the love of god, can lawmakers actually review the abundantly available case studies on rent control before passing any laws on it? Even Stanford University concluded in their longitudinal study on San Francisco that the combination of strict zoning and rent control was the primary reason the city became so expansive during the tech boom.
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It's a dirty lie pushed by the likes of Carlos Rosa and Will Guizzardi (oh yeah, whitey Will is suuuuper in touch with the plight of minorities, see he wants to ban rent!) just to pander for votes. Comrade Rosa has already demonstrated an utter lack of understanding of basic economics with his attempted Milwaukee Ave downzoning and this is just an extension of it.
The worst part is we are already facing an ongoing preservation crisis here in Chicago. We have lost more irreplaceable historic housing stock in Chicago since the 1950's than possibly any city at any point in history including the sack of Rome. Stupid shit like this basically dooms whatever we have left that hasn't already been upgraded, which is like 50% of our city. If this passes North Lawndale, Garfield Park, etc is basically gone. Those areas are on the cusp of redevelopment and are littered with abandoning or nearly abandoned buildings. Once it becomes illegal to make a profit fixing buildings, expect there to be maybe half of the structures in those areas demolished in the next 10 years.
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