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Old 12-23-2015, 11:17 AM
 
1,851 posts, read 2,171,322 times
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Quote:
Originally Posted by NOLA101 View Post
If you think the Census is lying, in some conspiracy to "get" Chicago, that's your prerogative. I will continue to trust the Census as a source over some local booster.

Here are the facts from the 2000 Census:

Re. the claim that Chicago isn't losing population, or it's just some poor people, or it's the same as in other cities-

"Begin with Chicago’s population decline during the 2000s, an exodus of more than 200,000 people that wiped out the previous decade’s gains. Of the 15 largest cities in the United States in 2010, Chicago was the only one that lost population; indeed, it suffered the second-highest total loss of any city, sandwiched between first-place Detroit and third-place, hurricane-wrecked New Orleans. While New York’s and L.A.’s populations clocked in at record highs in 2010, Chicago’s dropped to a level not seen since 1910."

The Second-Rate City? by Aaron M. Renn, City Journal Spring 2012


Re. the claim that population loss is somehow good because it means that poor people are being replaced by wealthier people, supposedly benefiting the local economy-

"Chicago’s economy also performed poorly during the first decade of the century. That was a tough decade all over the United States, of course, but the Chicago region lost 7.1 percent of its jobs—the worst performance of any of the country’s ten largest metro areas. Chicago’s vaunted Loop, the second-largest central business district in the nation, did even worse, losing 18.6 percent of its private-sector jobs, according to the Chicago Loop Alliance. Per-capita GDP grew faster in New York and L.A. than in Chicago; today, Chicago’s real per-capita GDP ranks eighth out of the country’s ten largest metros."

The Second-Rate City? by Aaron M. Renn, City Journal Spring 2012

These are bad population and bad economic numbers. There is no spin that will justify this poor performance. Chicago is an underperformer, and needs to get its act together if it wants to remain a top-tier city.
We're having a circular argument. You're utilizing data from 2012 - a time when the recession all but killed economic growth in the U.S. as a whole. Chicago was hit particularly hard by the recession, but as you can see from my sources (all dated Nov 2015 - present) that the region is on the road to recovery. The region had been under performing, but the performance gap is shrinking - something you seem to be incapable of understanding. I agree we have a lot of work to do, but to say it's all doom and gloom is incredibly myopic.
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Old 12-23-2015, 11:19 AM
 
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Paris and Rome are both down from their population peaks. Two of my favorite cities in the world.
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Old 12-23-2015, 11:32 AM
 
28,453 posts, read 85,379,084 times
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The relative level of affluence in San Francisco.varies from billionaires living in literal block covering mansions like Larry Ellison to bums that take dumps inn the sidewalk like wild animals.The more telling shift in values is the sorts of libertarian views are championed by the majority of tech leaders - from Peter Thiel to the Marc Andreessen.and scores of other VC heavyweights that recognize a truism voiced by another famous politician from California - "The best government is the least".

Rather than supporting a stifling array of schemes that do more to promote corruption and enrich insiders the success of Silicon Valley I'd largely a text book example of laissez faire governance.

If Rahm never gave another fake start-up some worthless "tax break" at a ribbon cutting for their shiny-grungy West Loop office but also stopped lavishly enriching pals looking for fat contracts for sports arena and other scans he'd go a long way toward convincing the bond rating agencies that the city is not heading off a cliff...

When it comes to population loss the most troubling issue is probably that bright young minorities that do earn solid degrees in valuable tech areas largely do not stick around here. They go to the coasts. It is more likely to find higher positions in NY or Silicon Valley than here, and the reason is largely that "corruption connection" that values insiders that will go along with cheats and crooks instead of letting the merits of deal speak for themselves...
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Old 12-23-2015, 11:35 AM
 
Location: East Central Pennsylvania/ Chicago for 6yrs.
2,535 posts, read 3,281,063 times
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There is a poster here that will argue till hell freezes over..... lol. Its a Passive/Aggressive posting.... Chicago will remain a great city.... yet then say as always claiming in decline. That no city can survive that way.... MANY city's it can be said need to get aspects of there act together.... OH NO AND ANOTHER takes it to POETIC POLITICAL RANTS ALWAYS....

This poster even denies why the US census said in previous threads.... that last decades 181,000 African-Americans were lost on mainly on the Southside of the city. This person ARGUED CHICAGO HAD NO BLACK-FLIGHT with others..... even when they PROVED IT with the census findings.

You put OUT THERE PLENTY OF BUSINESS REPORTS on Chicago INVESTMENTS and influx of Young Urban Professionals and THIS PERSON WILL NEVER ACKNOWLEDGE THEM.

Just ARGUES WITH VENOM ALL DECLINES... ALL ABOUT POPULATION AND ITS DEBT.

LET INVESTORS AND BIG BUSINESS SAY THEY GIVE UP ON THE CITY OF ALL BOUT DECLINING.... It gets like this..... with this person... and you may as well be doing this..... .

Even International investors have discovered the city. #4 in the Nation now.... Only NYC, LA and yes.... DC get more now. Chicago has moved up from 8th place.... ⤵

2015 Marks Record Year for Foreign Investment in Chicago Real Estate - Market Reports - Curbed Chicago 3.27 billion Foreign investments flowed into Chicago's economy in 2015.

Chicago Named 2014 "Top Metro" for New and Expanding Companies They see a BRIGHT FUTURE for ALL of Chicago's neighborhoods...

More developers are looking to build MORE Single-Homes and Townhouses in the city as the Apartment boom has been a bit overbuilt.
Demand for new single family homes and condos has been high in the Chicagoland area as inventory remains low. In the last 12 months, developers have started or completed the construction of 6,143 new residences — specifically single family homes, townhouses and duplexes.
Chicago Area New Construction at Highest Level in Seven Years - Market Reports - Curbed Chicago

But the Middle-Class as in the nation is hurt by a rise in taxes in the city's pension debt issues. But investors seem to still be bullish on the city as investments continue from its core and gentrifying neighborhoods all around it. This new census is to show the losses ended. Though Black flight might be continuing and lower Middle-Class. But Young Urban Professionals continue to move in.

Chicago still has the MOST DIVERSIFIED ECONOMY in the Nation. No more then 14% employed in one industry. Economy

http://www.chicagobusiness.com/realestate/20151221/CRED02/151229987/good-times-to-keep-rolling-for-construction-industry.

Construction firms started an estimated $11.3 billion in commercial and residential projects in the Chicago area in 2015, up 2 percent from a year earlier and the 5th straight year of increases, Dodge FORCAST A 7% INCREASE IN CONSTRUCTION IN 2016.
Perhaps.... that’s why The Economist Intelligence Unit ranked Chicago among the world’s top 10 most competitive cities for business.

World Business Chicago | Driving Economic Growth in North America's Global Business Center

106 K residents CALL JUST DOWNTOWN HOME .... WHO HAVE a Bachelor's degree or better....

1871 named top university-affiliated business incubator in U.S.

1871 in Chicago.... RANKS 1st IN UNITED STATES IN STUDY OF NORTH AMERICAN BUSINESS INCUBATORS
UBI Global Names 1871 #1 in the US The Top University-Affiliated Business Incubators In the US and #2 in North America Following Its Survey Of Over 400 Incubators Across 70 Countries

BUT DON'T MATTER WHAT BUSINESS AND INVESTORS SAY OR ARE DOING FOR SOME PEOPLE...
We shouldn't always MAKE IT HOW CHICAGO'S EXPANSION NUMBERS AND POPULATION CHANGES COMPARE TO COASTAL AND SUNBELT CITIES.... WHEN IT IS IN YJE MIDWEST AND HOW WELL IN MIDWEST STANDARDS WITH ITS CITIES IT IS DOING.

But of course.... WHEN CHICAGO DOES COMPARE WELL WITH THESE BOOMING OR EAST/WEST COADT CITIES.... IT IS EVEN A BIGGER ACCOMPLISHMENT.... Chicago KEEPS GETTING A BIGGER SHARE.... IT ALWAYS MANAGED TO SURVIVE ANYTHING NEGATIVE.

Last edited by steeps; 12-23-2015 at 11:59 AM..
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Old 12-23-2015, 11:54 AM
 
28,453 posts, read 85,379,084 times
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Illinois is losing jobs.

Other states are growing employment, at all levels.
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Old 12-23-2015, 12:06 PM
 
10,275 posts, read 10,340,269 times
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Quote:
Originally Posted by Vlajos View Post
Paris and Rome are both down from their population peaks. Two of my favorite cities in the world.
No they aren't. Paris and Rome both have healthy population growth, and have never been larger.
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Old 12-23-2015, 12:09 PM
 
10,275 posts, read 10,340,269 times
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Quote:
Originally Posted by IrishIllini View Post
We're having a circular argument. You're utilizing data from 2012 - a time when the recession all but killed economic growth in the U.S. as a whole.
No, we aren't having a circular argument.

I'm presenting Census-verified data, and you're trying to come up with random reasons why we shouldn't trust that Census-verified data.

Again, Illinois is performing worse than basically anywhere in terms of population and economy. You can spin all you want, but there's lots of work to do in getting the region growing again.
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Old 12-23-2015, 12:12 PM
 
14,798 posts, read 17,685,669 times
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Quote:
Originally Posted by NOLA101 View Post
No they aren't. Paris and Rome both have healthy population growth, and have never been larger.
Paris is over almost 600,000 lower than its peak. Rome is about 200,000 lower than its peak.
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Old 12-23-2015, 12:17 PM
 
Location: East Central Pennsylvania/ Chicago for 6yrs.
2,535 posts, read 3,281,063 times
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Chicago's Apartment Boom Shows No Signs of Slowing Down - Apartment Boom Town - Curbed Chicago

downtown apartment boom and has crunched the numbers: nearly 3,000 units will be delivered in 2015, another 3,200 will be delivered next year and then finally, 2017 could set a big record if the 4,500 units that are planned move forward. In total, we're looking at 10,000 new rental units on the horizon in the next couple of years.

They look at only under-construction or already financed projects....

The 2015 Global Startup Ecosystem Ranking is live! - Compass Blog HERE CHICAGO RANKED 7th IN THE WORLD. WITH A 3 PLACEMENT RISE..... JUST BELOW LONDON. Silicon Valley, NYC, LA and Boston are 1st to 4th.

CHICAGO'S GROWTH INDEX IS 2.8 on the sight. ONE OF THE BEST and still higher then THE OTHER US city's 1-4.

PROPERTY TAXES AS OF 2015
http://www.usatoday.com/story/money/...axes/24990145/

6. Illinois
• Taxes as percentage of home value: 1.73%
• Median home value: $202,200
• Rank based on percentage of income: 5

Yahoo!- American Cities with the Highest and Lowest Taxes. How much a family can expect to pay is the state and local tax rates. NOT INCLUDING FEDERAL.

Just for tax statistics... and comparisons.... 2013 Statistics sadly.... unemployment was higher... as Chicago's has DROPPED TO 5.9% from 9.7% in early 2013. GUESS THAT IS BAD???

SO HERE IS STATISTICS FROM THAT SIGHT...
----LA has the HIGHEST rate for a family earning $25,000.
----Chicago is 4th highest. rate for a family earning $25,000.
----Chicago is 14th highest rate for a family earning $150,000.
----Philly is 2nd highest in both categories.

8. Los Angeles, Calif.Taxes for family earning $25,000: $3,425 ( highest)
Taxes for family earning $150,000: $15,764 (9th highest)

Unemployment rate: 11.3% (4th highest)
For all levels of income, Los Angeles has one of the highest property tax burdens on its residents among the largest cities. This is despite the city's low effective property tax rate, which at $1.13 per $100 was one of the lowest for all cities. In 2011, Los Angeles had the highest assumed home value — used to calculate property tax payments — for each income bracket between $50,000 and $150,000. In addition to high property taxes, Angelenos also pay one of the highest total sales tax rates, at 8.75 cents on the dollar — more than two cents over the average city sales tax.

7. New York, N.Y.
Taxes for family earning $25,000: $3,273 (16th highest)
Taxes for family earning $150,000: $18,8111 (3rd highest)

Unemployment rate: 8.8% (16th highest)
Among the cities measured, only New York City had graduated state and local income tax rates as of 2011. This means that the income tax rate rises as individuals' earnings rise. In 2011, a family of three with two working parents earning $25,000 a year paid no income tax while a similar family earning $150,000 per year paid $12,464 in income tax — more than such a family would pay in any other city reviewed. No other city measured had a higher city-level sales tax than New York City's 4.5%. This contributes to an effective sales tax rate of 8.875%, among the nation's highest. According to the Nelson A. Rockefeller Institute of Government, in the fiscal year 2009-2010 New York City residents paid about $4.1 billion more in taxes than they received in government services.

5. Chicago, Ill.
Taxes for family earning $25,000: $3,898 (4th highest)
Taxes for family earning $150,000: $14,814 (14th highest)

Unemployment rate: 9.7% (12th highest)
As of 2011, Chicago residents paid the highest effective sales tax rate of any city studied, at 9.75%. This increased the tax burden for lower-income earners, who paid a higher percentage of their income in sales taxes. Partly because of the city's sales tax, a Chicago family earning $25,000 had a state and local tax burden equal to 15.6% of their income, while for a family earning $150,000, the figure was just 9.9%. Poorer residents are also burdened by the state-level flat income tax, which was raised from 3% to 5% in 2011.

I included the BIG City I CURRENTLY LIVE CLOSEST TOO.... PHILLY >>>65%<<< TIGHT ROW HOMES.... Compare that to Chicago housing.... nice front green-space, many HUGE TREES, garages, power-lines bad poles in alleys and a bungalow belt of nice FRONT LAWNS.

2. Philadelphia, Penn.
Taxes for family earning $25,000: $4,513 (2nd highest)
Taxes for family earning $150,000: $19,951 (2nd highest)

Unemployment rate: 10.6% (7th highest)
A family of three that made just $25,000 a year in 2011 would have been stuck with a tax burden worth a whopping 18.1% of their income, tied with Birmingham, Ala., for the highest of all cities. Taxes did ease a bit as one moved down the sliding scale, although burdens were still near the top. For a family of three making $150,000 in 2011, the total tax burden was 13.3% — the second highest of all cities measured by the report.

Last edited by steeps; 12-23-2015 at 12:36 PM..
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Old 12-23-2015, 12:23 PM
 
10,275 posts, read 10,340,269 times
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Quote:
Originally Posted by Vlajos View Post
Paris is over almost 600,000 lower than its peak. Rome is about 200,000 lower than its peak.
No, they aren't. Paris is at peak population and Rome is at peak population. In fact Paris is one of the fastest growing cities in Western Europe, with even higher growth rates than NYC or London.

You're trying to confuse the issue by pointing out that the CORE parts of Paris and Rome have lost population, which is probably true of every first-world city on the planet.

This folks, is a great example of the Chicago spin in full effect. "Everything is rosy in Chicagoland and Illinois because central Paris has less people now than 100 years ago." Makes absolutely no logical sense, but guarantee the spin will continue.
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