4 ms·
Chicago's a great town, but honestly the taxes are a killer. I grew up in the area and have a great deal of love for the place. Almost moved back after a hiatus
by sailfast 8y ago
Chicago's a great town, but honestly the taxes are a killer. I grew up in the area and have a great deal of love for the place. Almost moved back after a hiatus, until I calculated the percentage of my mortgage I would have to toss away just to own a home.
Prices are often quite affordable but taxes can add 30-50% on top of the monthlies which makes it quite hard to stomach. If you add in the fact that taxes at the state level pretty much _have_ to increase I'm not sure the affordability argument holds up in the medium term. I hope, however, that they can start to fix some of those underlying issues.