Why is everyone leaving Chicago? (Nashville, Phoenix: renter, luxury, landlords)

[edsg25]

Originally Posted by andrew61

Did Sam remember to turn off the lights? LOL

no. And Rauner and Madigan are embroiled in a helluva fight over how the state is going to pay for this overage.

[Bluefox]

Originally Posted by Chicago South Sider

Strange that more expensive areas of the country are still growing yet Chicago is not. People are leaving Chicago for a variety of reasons. It's certainly not all about the cost of living. That's ridiculous.

It's not all about the cost of living, but the "expensive areas still growing" argument has been explained. LA, SF, NYC, and Miami = all larger immigrant ports of entry than Chicago. Look at domestic trends and you will see a drastically different picture - droves of people - US citizens and established immigrants - leaving those cities as well. The numbers don't lie. All it will take is for the faucet to be turned down on immigration - which is hardly outside the realm of possibility in the near future - for those cities to also be in the red. Heck, the same can be said about London, Paris and Berlin.

[Chicago South Sider]

Originally Posted by Bluefox

It's not all about the cost of living, but the "expensive areas still growing" argument has been explained. LA, SF, NYC, and Miami = all larger immigrant ports of entry than Chicago. Look at domestic trends and you will see a drastically different picture - droves of people - US citizens and established immigrants - leaving those cities as well. The numbers don't lie. All it will take is for the faucet to be turned down on immigration - which is hardly outside the realm of possibility in the near future - for those cities to also be in the red. Heck, the same can be said about London, Paris and Berlin.

The board homers always have excuses for the many issues this city faces. It's comical.

[Bluefox]

Originally Posted by Chicago South Sider

The board homers always have excuses for the many issues this city faces. It's comical.

I'm not sure who you are confusing me with but I've never defended the way Illinois and Chicago are managed from a state and local government standpoint. There are some serious issues. I'm just stating that people are "leaving" those other cities too, at very high rates if you look at domestic trends. There are different reasons why those cities are expensive, but expense is the common theme in why people are leaving. The fact that immigrants from other parts of the world, who may have different expectations and perspectives about cost and living, are replacing people in other cities at higher rates doesn't negate that.

[edward71355]

Originally Posted by flamadiddle

hmm, you must know more than the developers building all these new high-rises? I guess they didn't do their due diligence?

https://chicago.curbed.com/maps/chic...nstruction-map

More fake news from King Rahm Emanuel

[BigLake]

Originally Posted by edward71355

More fake news from King Rahm Emanuel

Yep. Fake news. 54 new high rises in Chicago, one of the most active construction areas in N. America. I bet ****none**** of those dozens of high rises -- that have already been granted public approval + financing -- will be built. Amirite???

[emathias]

Originally Posted by ccjarider

We left Chicago about 7 years ago for a new position in PNW.
While we miss a few things - hands down best decision ever (FOR US).
This is not to say our results are same for all people.
...

I grew up in and around Portland. I like Portland, but I've lived in Chicago now longer than anywhere else and have no plans to leave. If I moved back to the PNW it would only be to be closer to family. I love Chicago.

[edsg25]

Originally Posted by BigLake

Yep. Fake news. 54 new high rises in Chicago, one of the most active construction areas in N. America. I bet ****none**** of those dozens of high rises -- that have already been granted public approval + financing -- will be built. Amirite???

ok, BigLake, what you said was technically true. But you neglected to add that 53 of those new high rises are being built by CHA.

including one on the site of Jane Byrne's old apartment, appropriately to be called "Cabrini-on-the-Greens"

Good Times.... a comin''

[wase4711]

Originally Posted by BigLake

Yep. Fake news. 54 new high rises in Chicago, one of the most active construction areas in N. America. I bet ****none**** of those dozens of high rises -- that have already been granted public approval + financing -- will be built. Amirite???

building them and filling them are 2 separate issues..time will tell

[Vlajos]

Originally Posted by wase4711

building them and filling them are 2 separate issues..time will tell

Apartment occupancy in Chicago is 95% and rents are increasing.