illinois taxes and people who are moving out of the state (Chicago: wages, cost)

[Drewjdeg]

Originally Posted by wjj

If that was directed to me, we split our time equally year round between Buffalo Grove and Southwest Florida homes (South Fort Myers area). Our Florida home is worth much more than the BG home, is much nicer, and RE taxes are less than a third as much. We only keep one foot in Illinois due to family - who also are trying to move out of state as well. Just a matter of time. We could shift our residency to FL tomorrow, but there is no point.

So we are not staying put. We have already shifted much of our life to SWFL. We are far more comfortable there than in IL which has gone off the far left deep end in the last 15 years. IL is just an unfortunate place we return to from time to time to due to family. And that may end soon.

Compare the schools in Buffalo Grove to those in SW Florida and you will easily understand why people choose to live in Illinois.

[Chi-town]

Originally Posted by wjj

If that was directed to me, we split our time equally year round between Buffalo Grove and Southwest Florida homes (South Fort Myers area). Our Florida home is worth much more than the BG home, is much nicer, and RE taxes are less than a third as much. We only keep one foot in Illinois due to family - who also are trying to move out of state as well. Just a matter of time. We could shift our residency to FL tomorrow, but there is no point.

So we are not staying put. We have already shifted much of our life to SWFL. We are far more comfortable there than in IL which has gone off the far left deep end in the last 15 years. IL is just an unfortunate place we return to from time to time to due to family. And that may end soon.

Good for you in hopefully coastal Florida. I retired in my home state the mountains of PA. Cheap as heck in my hometown. Not near any large metro with 50 miles to Harrisburg/Hershey or Allentown/Betheham. Love the Hershey area.

I did not retire with a million $. I wanted coastal Florida. No trailer Park in the middle. My wife is always hot. Medication in part. I hate winters. Wanted no shirt/no shoes/no problem give me the ocean breeze and beach w/bar.

Chicagoland is also home for years. It grew more populated because of Chicago. Without it it is Iowa. Yet Southern IL may as we be in Arkansas.

Plenty of blame over decades for taxes and Corporate America leaving our cities dry pulling out its heyday of middle-class Union wage jobs that helped build Chicago. Suburbs to Asia to the sunbelt now.

Abandoning our cities did not help those that remained nor tax-base industry still supported. When I mived to Chi in 1977. My relatives all were White-flight to the Northwest and Southwest sides. Bleeding thise areas they came from and pulling out the retail.

I remember the judging you by 100th blocks you lived. How far North and west mattered. My arrival had me living near Central and Fullerton in the city. Stayed with a Aunt. We moved then she in fear the change was almost there. They were moving in.

Well still looks great today the area. She then remarried to a older gent then who has a home in Norridge he had built in 1965. They retired to his home state of WI by the Dells. That generation is gone now and I am where they were in age.

Thing with booming areas... is cost still rise and faster even then the good ole days. Even when we had double-digit interest of the 80s. The crash ot 07 08 killed the rising values of the good ole days as Chi homes too plummeted $100,000 even in value.

Anyway, I was fond of all the places I lived in and each decade came with its own set if issues. Lost my first full-time job the recession of the early 80s. Radio Steel was on Grand Av. All old Italian men till the Feds required more minority hiring. I only got in as White in 78 cause my Aunt's boyfriend had a Greek brother working there. For decades... they only hired mostly Italians in a Union shop. They eventually moved manufacturing to suburbs then China. They still have the old mill as their headquarters and kept it looking good.

All them men made Union simple labor wages and could afford Chicago homes. Lasted a couple years for me. Next was A&P till they closed every Chicagoland store.

You apparently did good in the state of IL and perhaps Chicagoland by wealth.

Once totally gone from it .... try not to take too much baggage and resentment. Your cost in FL will also rise. More infrastructure needed and the next wave of retirees coming down. Just others today keep cost volatile. Good you got yours before bidding wars as some booming areas are seeing.

Still, some dig IL a hole and remain. If educated today they too can find a cheaper and what they find superior of a region and city or cheap rural area. Festers for many and no boom area stays on top or cheap forever. Ask California. Texas is rising fast and their state debt.

I resented my hometown when young. Now it is just home. Cheap but not my favorite. A older home in a old small city without Corporate America racing in. Can walk to everything and car for the rest. Love the home.

My brother in nice suburban Allentown PA.... Ohhh baby... his taxes there. Perhaps not as IL. Expects a jump in a new kitchen redo. Probably up to $7000+ built early 2000s.

Welcome to America. The big bad North. Still cheap rural areas and small cities. Larger metros not so much.

[treemoni]

Originally Posted by wjj

Illinois lost 10 House seats over 80 years. An average of more than one per each census. And it won't be any better in 2030. A long, slow slide toward irrelevance nationally.

What states do you think are most relevant? Also, have you considered that IL may have had too many seats in the first place? Note: I'm not saying it did...just trying to get you to consider a different perspective.

[Bitey]

Originally Posted by treemoni

What states do you think are most relevant? Also, have you considered that IL may have had too many seats in the first place? Note: I'm not saying it did...just trying to get you to consider a different perspective.

Congressional seats are assigned by population distribution, not a lottery drawing. So no, IL didn't have "too many seats in the first place."

[treemoni]

Who counts and keeps records of the numbers? Do you?

[flamadiddle]

Originally Posted by treemoni

Who counts and keeps records of the numbers? Do you?

Based off census. Notice almost all Democrat strongholds are losing seats. https://www.census.gov/data/tables/2...ment-data.html

[treemoni]

Illinois is a wealthy state. Virginia doesn't have as many seats as IL. Would you consider VA politically weak?

[wjj]

Originally Posted by Drewjdeg

Compare the schools in Buffalo Grove to those in SW Florida and you will easily understand why people choose to live in Illinois.

Absolutely true. No argument there. And the reason why I turned down more than one lucrative transfer opportunity from my Firm (and offers from competitors in other cities and even countries). Once the kids were out of school though, things changed. Realized that we no longer needed to put up with the crap.

[Bitey]

Originally Posted by treemoni

Who counts and keeps records of the numbers? Do you?

There's this whole division of the U.S. Department of Commerce dedicated to counting and keeping records of the numbers called the Census Bureau. Perhaps you've heard of it?

[wjj]

Originally Posted by NYEddy

Ya you're right, because all these successful big-city types are so stupid to keep moving their capital here, and your relatives know something they don't.

Not to mention, every house in the metro area is valued above their 2007/08 high.

They can literally get paid to leave, but sure they have bigger concerns, right. Maybe they should be concerned about construction quality in their future paradise.

Ok, go off....

https://therealdeal.com/chicago/2022...es-this-march/

https://chicagoagentmagazine.com/202...s-73000-homes/

The rest of your rantings make zero sense related to the discussion at hand, so I won't bother to comment on that, but I do want to correct on your false assertion that property values everywhere in the metro area are above their 2007/2008 high (which is a pretty pathetic yardstick to begin with - taking 15 years just to get back to where you were is nothing to be proud of).


But it's simply not true. At least in BG, homes are still worth less than they were in 2006-2009. Some in my area six figures less. And the Lake County Assessors Office agrees. My assessed valuation today is still 9% LESS than it was at its peak in 2009 and 8% below its 2006 valuation. And its FMV based on closed comparable sales tracks that decrease in valuation (though R/E taxes are up 30% regardless of the value decrease). The whole area is in the same boat and some are down much more than that. And BTW, my valuation went DOWN this year, and that again, tracks closed sales in the area. And that is why our FL home is now worth considerably more than our BG home. It wasn't always that way. Our FL home has marched up in value every year for the 11 years we have owned it while our BG home is still worth less than it was 15 years ago - and is going in the wrong direction again.