[jbkunt2]

McDonald’s also just opened its new billion dollar HQ in the West Loop.

We have a fantastic, diversified private sector and a large pool of educated workers.

Chicago will not go the way of Detroit.

However, we may end up with NYC/CA level taxes at some point.

[jordypip23]

(06-15-2018 11:39 AM)jbkunt2 Wrote:  

McDonald’s also just opened its new billion dollar HQ in the West Loop.

We have a fantastic, diversified private sector and a large pool of educated workers.

Chicago will not go the way of Detroit.

However, we may end up with NYC/CA level taxes at some point.

Yep I tell everyone that Chicago really is a tale of 2 or 3 cities rolled up into one.

It's alright if you have a highly compensated corporate job or own a well established business that generates a lot of revenue & can withstand the heavy taxes. For others, however, there are probably greener pastures elsewhere in the Midwest & America.

[Thomas Jackson]

Will continue to bleed the rich/upper middle class and cause tax increases on everyone else. Recipe for disaster in the long run. The importation of a hispanic servant class makes electing a true fiscally conservative option unrealistic.

[jordypip23]

(06-16-2018 08:57 AM)Thomas Jackson Wrote:  

Will continue to bleed the rich/upper middle class and cause tax increases on everyone else. Recipe for disaster in the long run. The importation of a hispanic servant class makes electing a true fiscally conservative option unrealistic.

Good point. Chicagoland has more Latinos by far (sheer numbers & percentage-wise) compared to any other metro area in the entire Midwest region.

[jamaicabound]

(06-15-2018 11:39 AM)jbkunt2 Wrote:  

McDonald’s also just opened its new billion dollar HQ in the West Loop.

We have a fantastic, diversified private sector and a large pool of educated workers.

Chicago will not go the way of Detroit.

However, we may end up with NYC/CA level taxes at some point.

My Uncle works for McDonalds, they are outsourcing like crazy and the jobs they are creating they are bringing over people from India to fill, they aren't exactly creating a ton of jobs for Chicagoans.

Another kind of funny thing I think they didn't think about is the other day you had a bunch of people outside of McDonalds protesting minimum wage. Up until recently they were in Oak Brook on a beautiful campus.

McDonalds gets a lot of hate being the biggest player in their industry, they have now put themselves within easy reach of every social justice warrior who wants to protest about min wage, fatty foods, eating meat, etc, etc, etc.

[jamaicabound]

(06-16-2018 02:53 AM)jordypip23 Wrote:  

(06-15-2018 11:39 AM)jbkunt2 Wrote:  

McDonald’s also just opened its new billion dollar HQ in the West Loop.

We have a fantastic, diversified private sector and a large pool of educated workers.

Chicago will not go the way of Detroit.

However, we may end up with NYC/CA level taxes at some point.

Yep I tell everyone that Chicago really is a tale of 2 or 3 cities rolled up into one.

It's alright if you have a highly compensated corporate job or own a well established business that generates a lot of revenue & can withstand the heavy taxes. For others, however, there are probably greener pastures elsewhere in the Midwest & America.

I just read another post online recently about is Chicago feasible for anyone who isn't a highly paid professional worker?

Chicago isn't cheap, there's obviously much cheaper places to live and believe me I like to hate on Chicago and Illinois as much as anyone because it's corrupt as hell and everything is mismanaged, it's a big shit show here.

That said Chicago is nowhere near as costly as California, New York, heck even not first tier cities like Denver and Las Vegas are going to be surpassing Chicago in home prices and living expenses.

Chicago does have to turn shit around or its in a world of hurt but really as long as you don't "need" to be in Lincoln Park, Wicker Park, The Loop you can live in Chicago pretty affordably.

[Ballr]

(06-17-2018 11:33 AM)jamaicabound Wrote:  

(06-16-2018 02:53 AM)jordypip23 Wrote:  

(06-15-2018 11:39 AM)jbkunt2 Wrote:  

McDonald’s also just opened its new billion dollar HQ in the West Loop.

We have a fantastic, diversified private sector and a large pool of educated workers.

Chicago will not go the way of Detroit.

However, we may end up with NYC/CA level taxes at some point.

Yep I tell everyone that Chicago really is a tale of 2 or 3 cities rolled up into one.

It's alright if you have a highly compensated corporate job or own a well established business that generates a lot of revenue & can withstand the heavy taxes. For others, however, there are probably greener pastures elsewhere in the Midwest & America.

I just read another post online recently about is Chicago feasible for anyone who isn't a highly paid professional worker?

Chicago isn't cheap, there's obviously much cheaper places to live and believe me I like to hate on Chicago and Illinois as much as anyone because it's corrupt as hell and everything is mismanaged, it's a big shit show here.

That said Chicago is nowhere near as costly as California, New York, heck even not first tier cities like Denver and Las Vegas are going to be surpassing Chicago in home prices and living expenses.

Chicago does have to turn shit around or its in a world of hurt but really as long as you don't "need" to be in Lincoln Park, Wicker Park, The Loop you can live in Chicago pretty affordably.

You must be having a holy Sunday. Chicago is affordable?

Nevada is a haven for mini-mansions in the $300k range.

$300k in Chicago in the northwest suburbs will yield you a 1200 SQFT home built in 1940 with a cute tax of $9k easily.

Fuck Chicago lol

[jbkunt2]

How on Earth can you compare Chicago with Nevada?

For a tier 1 global city, Chicago is very affordable.

Compare it to it’s like-for-like peers. Not to Mid-size Midwestern towns or rural areas.

[jordypip23]

(06-17-2018 11:30 AM)jamaicabound Wrote:  

(06-15-2018 11:39 AM)jbkunt2 Wrote:  

McDonald’s also just opened its new billion dollar HQ in the West Loop.

We have a fantastic, diversified private sector and a large pool of educated workers.

Chicago will not go the way of Detroit.

However, we may end up with NYC/CA level taxes at some point.

My Uncle works for McDonalds, they are outsourcing like crazy and the jobs they are creating they are bringing over people from India to fill, they aren't exactly creating a ton of jobs for Chicagoans.

Another kind of funny thing I think they didn't think about is the other day you had a bunch of people outside of McDonalds protesting minimum wage. Up until recently they were in Oak Brook on a beautiful campus.

McDonalds gets a lot of hate being the biggest player in their industry, they have now put themselves within easy reach of every social justice warrior who wants to protest about min wage, fatty foods, eating meat, etc, etc, etc.

What a long ways from the days of Ray Kroc. LoL.

[jordypip23]

(06-17-2018 10:44 PM)jbkunt2 Wrote:  

How on Earth can you compare Chicago with Nevada?

For a tier 1 global city, Chicago is very affordable.

Compare it to it’s like-for-like peers. Not to Mid-size Midwestern towns or rural areas.

I totally get where you're coming from as well. But when it comes down to it, I don't think Chicagoland's leaders truly care about the middle class anymore. The ROI is pretty horrible. Is there much difference between being a middle class suburbanite in the suburbs of Chicago vs. a suburb of some other decent sized Midwest city?

Now if I'm filthy rich and able to eat out at Michelin rated restaurants in the city of Chicago & have enough clout to land on the board of trustees of storied institutions, sure, Chicago trumps its Midwestern peers, lol.

[jamaicabound]

(06-17-2018 04:05 PM)Ballr Wrote:  

(06-17-2018 11:33 AM)jamaicabound Wrote:  

(06-16-2018 02:53 AM)jordypip23 Wrote:  

(06-15-2018 11:39 AM)jbkunt2 Wrote:  

McDonald’s also just opened its new billion dollar HQ in the West Loop.

We have a fantastic, diversified private sector and a large pool of educated workers.

Chicago will not go the way of Detroit.

However, we may end up with NYC/CA level taxes at some point.

Yep I tell everyone that Chicago really is a tale of 2 or 3 cities rolled up into one.

It's alright if you have a highly compensated corporate job or own a well established business that generates a lot of revenue & can withstand the heavy taxes. For others, however, there are probably greener pastures elsewhere in the Midwest & America.

I just read another post online recently about is Chicago feasible for anyone who isn't a highly paid professional worker?

Chicago isn't cheap, there's obviously much cheaper places to live and believe me I like to hate on Chicago and Illinois as much as anyone because it's corrupt as hell and everything is mismanaged, it's a big shit show here.

That said Chicago is nowhere near as costly as California, New York, heck even not first tier cities like Denver and Las Vegas are going to be surpassing Chicago in home prices and living expenses.

Chicago does have to turn shit around or its in a world of hurt but really as long as you don't "need" to be in Lincoln Park, Wicker Park, The Loop you can live in Chicago pretty affordably.

You must be having a holy Sunday. Chicago is affordable?

Nevada is a haven for mini-mansions in the $300k range.

$300k in Chicago in the northwest suburbs will yield you a 1200 SQFT home built in 1940 with a cute tax of $9k easily.

Fuck Chicago lol

By no means am I saying Chicago is a super affordable city but when comparing it to a something like New York, yeah it's pretty affordable. If you don't need to be in the "cool" neighborhoods you can find a house for under 300K in a decent safe neighborhood, it's not gonna be a mini mansion though. I was just reading the other day Vegas property prices are up almost 25% on the year. I used to think it was affordable, I have a buddy who lives out there and was casually looking at properties and things in Vegas aren't very cheap anymore these days at least from what I was seeing.

I feel like property on the whole is really overpriced these days. A couple years ago I was looking at places in Pilsen and Logan Square which were very affordable and now you can't find anything for under like 350k maybe even 400k and Pilsen while I think it's a cool neighborhood hasn't really fully gentrified yet so those prices are insane.

That said if you go to the South Side to a neighborhood like Mt Greenwood or Beverly yeah your not in Wicker Park but its pretty affordable.

As far as Chicago vs Vegas, like Jbcunt2 said, can you still buy a bit more house in Vegas than Chicago, well yeah but comparing Chicago to Vegas is apples and oranges, I mean there's some dirt cheap property in Iowa and Wisconcsin and Nebraska but your also payingn for the area and the job market. I hate to throw out the term "world class city" because it annoys me when people justify Chicago being so shitty by saying its still so affordable for a world class city but it really is

[jamaicabound]

(06-18-2018 04:43 AM)jordypip23 Wrote:  

(06-17-2018 10:44 PM)jbkunt2 Wrote:  

How on Earth can you compare Chicago with Nevada?

For a tier 1 global city, Chicago is very affordable.

Compare it to it’s like-for-like peers. Not to Mid-size Midwestern towns or rural areas.

I totally get where you're coming from as well. But when it comes down to it, I don't think Chicagoland's leaders truly care about the middle class anymore. The ROI is pretty horrible. Is there much difference between being a middle class suburbanite in the suburbs of Chicago vs. a suburb of some other decent sized Midwest city?

Now if I'm filthy rich and able to eat out at Michelin rated restaurants in the city of Chicago & have enough clout to land on the board of trustees of storied institutions, sure, Chicago trumps its Midwestern peers, lol.

You actually bring up a really good point and a question I ask alot. If you live in the city of Chicago, and like city life I would argue Chicago is definitely worth it. Every weekend during the summer there's some awesome street festival going on, we have amazing restaurants both Michelin stuff as well as great taco joints and all other types of great restaurants. We have the lakefront, a pretty decent job market, there's a lot to do here.

What I often wonder is exactly what you asked. If your living in the suburbs of Chicago, how different is your life in the Chicago suburbs than it would be in the Indianapolis or Milwaulkee suburbs? Probably not too different which begs the question if your not actually in the city are you kind of overpaying for your house and living expenses just for being in proximity of a place you don't even really take advantage of?

The one argument I can see for Chicago burbs still being decent is while you aren't "in" the city you are within say 45 minutes of a major International Airport, commuting to Chicago for jobs or to see a show or go to a game. YOu have a lot of sports teams for sports fans. I think even being in the perifory of Chicago you still reap many of the benefits.

Again by no mean trying to stick up for this cesspool we call Chicago and Illinois but it does still have some cool things going for it

[jordypip23]

(06-18-2018 07:54 AM)jamaicabound Wrote:  

(06-18-2018 04:43 AM)jordypip23 Wrote:  

(06-17-2018 10:44 PM)jbkunt2 Wrote:  

How on Earth can you compare Chicago with Nevada?

For a tier 1 global city, Chicago is very affordable.

Compare it to it’s like-for-like peers. Not to Mid-size Midwestern towns or rural areas.

I totally get where you're coming from as well. But when it comes down to it, I don't think Chicagoland's leaders truly care about the middle class anymore. The ROI is pretty horrible. Is there much difference between being a middle class suburbanite in the suburbs of Chicago vs. a suburb of some other decent sized Midwest city?

Now if I'm filthy rich and able to eat out at Michelin rated restaurants in the city of Chicago & have enough clout to land on the board of trustees of storied institutions, sure, Chicago trumps its Midwestern peers, lol.

You actually bring up a really good point and a question I ask alot. If you live in the city of Chicago, and like city life I would argue Chicago is definitely worth it. Every weekend during the summer there's some awesome street festival going on, we have amazing restaurants both Michelin stuff as well as great taco joints and all other types of great restaurants. We have the lakefront, a pretty decent job market, there's a lot to do here.

What I often wonder is exactly what you asked. If your living in the suburbs of Chicago, how different is your life in the Chicago suburbs than it would be in the Indianapolis or Milwaulkee suburbs? Probably not too different which begs the question if your not actually in the city are you kind of overpaying for your house and living expenses just for being in proximity of a place you don't even really take advantage of?

The one argument I can see for Chicago burbs still being decent is while you aren't "in" the city you are within say 45 minutes of a major International Airport, commuting to Chicago for jobs or to see a show or go to a game. YOu have a lot of sports teams for sports fans. I think even being in the perifory of Chicago you still reap many of the benefits.

Again by no mean trying to stick up for this cesspool we call Chicago and Illinois but it does still have some cool things going for it

Yeah you're right. Those reasons are why the region hasn't really collapsed yet. It's no secret that the region is losing population though.

[jamaicabound]

(06-23-2018 12:16 AM)jordypip23 Wrote:  

(06-18-2018 07:54 AM)jamaicabound Wrote:  

(06-18-2018 04:43 AM)jordypip23 Wrote:  

(06-17-2018 10:44 PM)jbkunt2 Wrote:  

How on Earth can you compare Chicago with Nevada?

For a tier 1 global city, Chicago is very affordable.

Compare it to it’s like-for-like peers. Not to Mid-size Midwestern towns or rural areas.

I totally get where you're coming from as well. But when it comes down to it, I don't think Chicagoland's leaders truly care about the middle class anymore. The ROI is pretty horrible. Is there much difference between being a middle class suburbanite in the suburbs of Chicago vs. a suburb of some other decent sized Midwest city?

Now if I'm filthy rich and able to eat out at Michelin rated restaurants in the city of Chicago & have enough clout to land on the board of trustees of storied institutions, sure, Chicago trumps its Midwestern peers, lol.

You actually bring up a really good point and a question I ask alot. If you live in the city of Chicago, and like city life I would argue Chicago is definitely worth it. Every weekend during the summer there's some awesome street festival going on, we have amazing restaurants both Michelin stuff as well as great taco joints and all other types of great restaurants. We have the lakefront, a pretty decent job market, there's a lot to do here.

What I often wonder is exactly what you asked. If your living in the suburbs of Chicago, how different is your life in the Chicago suburbs than it would be in the Indianapolis or Milwaulkee suburbs? Probably not too different which begs the question if your not actually in the city are you kind of overpaying for your house and living expenses just for being in proximity of a place you don't even really take advantage of?

The one argument I can see for Chicago burbs still being decent is while you aren't "in" the city you are within say 45 minutes of a major International Airport, commuting to Chicago for jobs or to see a show or go to a game. YOu have a lot of sports teams for sports fans. I think even being in the perifory of Chicago you still reap many of the benefits.

Again by no mean trying to stick up for this cesspool we call Chicago and Illinois but it does still have some cool things going for it

Yeah you're right. Those reasons are why the region hasn't really collapsed yet. It's no secret that the region is losing population though.

I'll be very curious to see what the future holds for Chicago. While we are on track to turn into another Detroit, you can't really compare the two because Detroit was 100% reliant on a dying industry for the most part where as Chicago is a bit more diversified in terms of the amount and types of businesses we have here.

While Chicago isn't really known for tech we have a pretty good tech presence in River North, McDonalds and a lot of other companies are here, some movies and television shows being shot here, good restaurant, tourism and some confrences and stuff. For that reason I think Chicago's decline will be a lot slower.

I know there's a lot of talk about Chicago gaining white collar professional citizens but losing a ton of people overall in general.

Also, another thing that will have a big factor is that while Chicago overall is a fairly affordable, but you do have to factor in property taxes as potentially living somewhere besides Chicago I could afford another $300 on my monthly mortgage so I think people keep that in mind when figuring out what type of home they can afford. Surprisingly Chicago's property taxes aren't as bad as some surroudning suburbs which somewhat surprises me but they do get you with all types of other fees

[jordypip23]

I think there was a recent Chicago Tribune article that came out that pointed out that the majority of the city of Chicago's citizens are in their 20's. I'm sure a lot of the transplants leave to the suburbs or out of state if they pop out kids (probably happens more in their 30's). We all know the school system leaves a lot to be desired.