Chicago Kid (@chilandlord) header
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Chicago housing provider dealing with its politics, resisting victim culture, no apologies. Spelling/typos don't matter on social media (opinions r my own)🇬🇷

Chicago, IL 35th Ward.
Joined January 2017
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Excellent 🧵🧵
Lots of articles of late are saying things like "rent control remains rare due to landlord opposition." This is very misleading. Sure, landlords oppose it. But who cares? More importantly: SCIENCE opposes rent control. And history, too. Here are better sources to cite:
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LaSpata, literally left the room when a hard choice came up to increase the threshold of votes needed to indebt Chicago taxpayers from 25 to 30. Then when the Mayor vetoed said legislation the vote fell short by 1 yea 👀...leadership requires hard choices..not LaSpata's style.
2 business owners have challenged Ald. Daniel La Spata in the 1st Ward race. buff.ly/5V0W1xo
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@ArielParrella left this rather important (and recent) point out. As if LaSpata hasn't been in office for nearly a decade.
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Go Indiana...errr Chicago Bears.
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"Chalkboard Mafia" Bill Maher's guests really nail the education issue going on in cities with strong teachers unions but weak student performance. 👇👇👇👇 worth listening to. youtu.be/Q8LNs7EcP7Q?is=sxFR…
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No @AJManaseer Daniel Hertz does not think you are stupid. This reflects Daniel's dependency to maintain the good graces of progressives who might give him opportunities in government. So, like any empty suit, his position is to give cover to those politicians. @DanielKayHertz cannot own his own opinion because he peddles it for others favor. He also blocks informed accounts he cannot bamboozle with word salad. Go figure🤨
Replying to @DanielKayHertz
You’re really trying to paint the guy who advocated for a mansion (but also apartment building) tax and the PRO ordinance as pro housing? Do you think we’re stupid?
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So does this look like "non for profit" behavior? Because to me this looks like political organization. How does a local organization like LSNA get grants then turn around and run a rally? This is the kind of thing that makes me wonder if the next mayor of Chicago will attach some kind of accountability to this..these grants are tax dollars..not political contributions👇
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When you have accountable behavior, communist tears follow.
Jitu, you had too much street wisdom, your heart was too big, your smoke more different than anyone, your bitch was too bad. They had to take you out 😭😭
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Fun dirty trick fact...This obvious attempt to sabotage the Republican candidate in Alaska..was brought to you by none other than a guy from Chicago. We export our political bullshit now.
This should genuinely result in prison time. This is election deception.
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Note Carlos Rosa and his political lackey/replacement Anthony (appointed Alder 35) celebrating the new CTU elected pawns. Carlos Rosa is still very much a part of the political machine here on the Northwest side...he might of lost his zoning chair role and laid hands on a black woman, not to mention helped make a huge housing shortage...but hey..he is here to keep his fellow hustlers in charge.
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Regardless of how this vote turns out..Carlos showed a amazing effort but this district is filled with CTU affiliatied political cronies. So honestly, this is a race that will have some serious payback coming in the political sphere from either side. No matter the outcome.
LOOK at this margin -- wow. Elected School board subdistrict 3B is down to 7 votes separating CTU-endorsed Jason Dones and Carlos Rivas! 10% more of the count to go....
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This 👇
NIMBY group backed by NIMBY aldermen wonder why there’s not enough housing in Logan Square.
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🚨Another tax appeal incoming..even more commercial tax revenue lost for Chicago..remember this when your rent goes up..or if you own a home and that tax bill rolls in next year.👇
332 S. Michigan Ave. Chicago, Illinois Appraised at $13.4M ↓76% from more than $56M appraisal in 2016. A venture of Envoi Partners is set to buy the distressed 14-story office portion of the building to resolve a $29M foreclosure lawsuit. The pending purchase price and Envoi’s plans for the property are unclear. 348,890 Square Feet Built 1910 -Crain's #CommercialRealEstate
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Because we should be more like Spain
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Legit the dumbest name for a new plaza..folks after months of work and millions spent...we bring you The Logan Square Megamall Plaza. What the fu@k...
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Unpopular take, rats will be the next immortals and masters of the earth.
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One of the first impacts higher interest rates will have on housing will be more people renting...compounding the already tight supply problem. Second downstream effect? Less building, as capital becomes more expensive, less projects pencil out (except for the best neighborhoods). More people renting and already tight supply? Getting even tighter? Equals EVEN HIGHER rents. US housing market likely to stay bleak, Goldman Sachs warns msn.com/en-us/money/economy/…
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These are the kinds of things that drive down the valuations of buildings in downtown Chicago. So when buildings nearby appeal their tax valuations, guess what? They win. Saving $$$. Guess where Chicago goes to make that money up..residential tax bills. So a homes tax bill goes up or subsequently those renting from them see their rents rise. The point? A healthy vibrant downtown is good for all of Chicago..and people's pocketbook.
Illinois Center at 111 E. Wacker Dr and 233 N. Michigan Ave Chicago is scheduled for a Nov. 12 sheriff’s foreclosure sale. Appraised at $66.5M - ↓82% from purchase price Purchased for $376M in 2015 Loan balance of $285.7M 233 N. Michigan Ave 17% leased 111 E. Wacker Dr 52% leased 2.1M Square Feet -Crain's #CommercialRealEstate
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