Category: Chicago
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Strip Malls in America
Prof. Stewart Hicks highlights the underestimated value of strip malls, asserting their increasing appeal in real estate as they adapt to changing market demands and contribute to community resilience. Despite being seen as outdated, strip malls support local entrepreneurship and provide essential services, with a recent uptick in interest and investment driven by high lease…
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Moneybots
How modern trading became a communications and technology arms race among a few large players.
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Chicago DNC
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City Debt Bubble?
https://www.truthinaccounting.org/news/detail/financial-state-of-the-cities-2024
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Chicago Property…
https://www.wsj.com/real-estate/too-many-vacant-lots-not-enough-housing-the-u-s-real-estate-puzzle-2aa19733?mod=hp_lead_pos7\ In Chicago there is “not enough housing” but there are “too many vacant lots.”hmmmmmm WSJ Reasons: Cumbersome rules to resolve unpaid tax bills on abandoned lots keep away developers, and cheap tax assessments on vacant lots encourage owners to keep them off the market. These are the perfect conditions for a downward housing spiral,…