7 ms·
==I would not recommend moving to Chicago proper until Illinois gets their major fiscal problems worked out.== Recommending people move to Gary or Kenosha simp
by moorhosj 9y ago
==I would not recommend moving to Chicago proper until Illinois gets their major fiscal problems worked out.==
Recommending people move to Gary or Kenosha simply to avoid living in Chicago is pretty silly and a vast over-reaction. Markets have priced in the fiscal issues and Chicago is still cheaper than comparable cities for tech professionals. Even with increased taxes, Chicago will remain cheaper than New York, Seattle, Denver, Los Angeles, San Francisco, Boston and DC.
Pretty much every city/state in the US has a pension crisis and will require tax increases. Would you recommend people avoid these places?:
- Houston - https://www.houstonchronicle.com/news/politics/houston/article/The-heart-of-Houston-s-pension-problem-is-debt-11110657.php https://www.houstonchronicle.com/news/politics/houston/artic...
- Dallas - https://www.dallasnews.com/news/dallas-city-hall/2017/11/13/pension-reform-force-dozens-dallas-cops-firefighters-retire-january https://www.dallasnews.com/news/dallas-city-hall/2017/11/13/...
- All of California - http://www.sacbee.com/opinion/editorials/article199693069.html http://www.sacbee.com/opinion/editorials/article199693069.ht...
- Seattle - http://www.foxnews.com/opinion/2017/08/22/what-seattle-income-tax-fight-says-about-our-countrys-pension-mess.html http://www.foxnews.com/opinion/2017/08/22/what-seattle-incom...
- logfromblammo 9y agoYes, yes I would. Avoid those places. Always prefer to live in places that do not have basket case governments that kick the can down the road for the next guy to fix. Previous generations avoided fixing the problems by anticipating that new blood would bring in their money, and they could grow their way out of trouble. Don't be the sucker that comes in to a new situation who is then expected to carry old baggage. I don't think Illinois is bad enough that anyone should move away if they already live there, but their choices are to move away, become more politically active, or be left holding the bag for prior decades of bad government. It's like any other relationship. You're going to have an easier time with someone who seems capable of dealing with their own problems, than with the person who pushes responsibility for their problems on to you. If you simply must live in a particular place, you need to account for bad government as a price premium. If you intend to work in California, you need to increase your salary demands, to account for its insufficient housing stock and property tax laws. It just so happens that many businesses in California can currently meet those demands. A lot of places with bad government cannot, so just don't go there. And if your local government seems to be turning sour, you need to stand up, make some noise, and let those responsible know that you will not allow your home to become one of those places. If things still go bad, leave. Corruption only works when people go along with it. And that is why I moved from Chicago to Kenosha in 2002. As it happened, I then moved again to Madison in 2005, but that was moving to something rather than moving from something else. What kind of city sells its own parking meters? The kind you don't move into.
- moorhosj 9y agoIn the 16 years since you left Chicago, the sky hasn't fallen. The percentage of population with a college degree is the highest of the country's 7 largest cities (http://midwest.chicagofedblogs.org/?p=3048 http://midwest.chicagofedblogs.org/?p=3048), which implies educated people are disagreeing with you. Also, if your claim is about taxes, you seem to be misinformed as: - Wisconsin has higher income taxes than Illinois - Kenosha and Madison have higher property tax rates than Chicago The parking meters were sold 10 years ago under a different mayor, update your talking points. Meanwhile, Wisconsin is handing out $3 billion to a Chinese manufacturing company (http://money.cnn.com/2017/09/18/news/scott-walker-signs-foxconn-deal/index.html http://money.cnn.com/2017/09/18/news/scott-walker-signs-foxc...). This is the same Wisconsin (and same governor) who cut school funding a few years earlier (http://www.politifact.com/wisconsin/statements/2014/sep/07/greater-wisconsin-political-fund/scott-walker-cut-school-funding-more-any-governor-/ http://www.politifact.com/wisconsin/statements/2014/sep/07/g...). What kind of state cuts school funding and then gives billions to a Chinese company? The kind I don't move to.