The Chicago Economy Thread: News and Commentary - Page 74

The Urban Politician · September 28th, 2012, 07:25 PM

^ Interesting article coming from the NY Times

ducus · February 17th, 2013, 11:56 AM

Chicago Public Schools to Announce Closings:
http://chicagotonight.wttw.com/2013/...ounce-closings
129 schools to close

***Taller, Better*** · February 19th, 2013, 07:39 PM

Is this resulting from changing demographics or simply a very restrictive budget?

chicagogeorge · February 22nd, 2013, 05:01 AM

Both

ducus · February 25th, 2013, 10:56 AM

Yup, seems like Rahm does what Bob didn't have te courage to do in the last 20 years...although the demographics were more and more discouraging...What seems suspect to me is that most of the school proposed for closure are in negro neighborhoods, like these neighborhoods would be the only affected by demographics.

***desertpunk*** · March 27th, 2013, 10:32 AM

Case-Shiller – Chicago home and condo prices continue gains

Quote:

It’s the last Tuesday of the month, a/k/a Case-Shiller Tuesday, and the results are in for January home price trends.

The Case-Shiller indices for Chicago showed growing year-over-year gains.

The seasonally-adjusted index for metro-area Chicago single-family homes gained .65% from the previous month and rose year-over-year by3.35%. This places the current index at price levels prevailing in June of 2001.

The seasonally-adjusted condo index showed a month-over-month gain of .44% and a year-over-year gain of 6.05%. That index is now at November 2000 levels.

The S&P/Case-Shiller Home Price Indices are calculated monthly using a three-month moving average and published with a two month lag.

The arrows are pointing in the right direction but there's still quite a distance to go before prices become favorable for new condo construction.

As for rentals, there are now 16,285 units in the pipeline. Placed in perspective, that is half the number currently in development in booming Washington DC and twice the number in the white-hot Boston market.

September 28th, 2012, 07:25 PM	#1461
The Urban Politician The City Join Date: Jul 2004 Posts: 5,968 Likes (Received): 0	^ Interesting article coming from the NY Times __________________ It is humanly impossible to walk through Chicago's core and not consider it one of the world's great cities unless you are inwardly angry at the place for somehow threatening or robbing your hometown of its vitality or integrity.

February 19th, 2013, 07:39 PM	#1463
*Taller, Better* Administrator Join Date: Aug 2005 Location: Toronto Posts: 52,838 Likes (Received): 307	Is this resulting from changing demographics or simply a very restrictive budget? __________________ Please visit my photoblog! Montréal \| Mexico \| Niagara-on-the-Lake \| Brazil \| Hamilton aka "The Hammer"! "Fine words butter no parsnips"-17th Century proverb.

February 22nd, 2013, 05:01 AM	#1464
chicagogeorge Registered User Join Date: Nov 2004 Location: South suburban Chicago Posts: 5,313 Likes (Received): 111	Both __________________ for the Pelasgians, too, were a Greek nation originally from the Peloponnesus The Roman Antiquities of Dionysius of Halicarnassus http://penelope.uchicago.edu/Thayer/...assus/1B.html Macedonia, of course, is a part of Greece". Strabo, VII, Frg. 9 http://penelope.uchicago.edu/Thayer/...ragments.html But north of the gulf, the first inhabitants are Greeks called Epirotes.... Procopius http://books.google.com/books?id=9m6...page&q&f=false

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February 17th, 2013, 11:56 AM	#1462
ducus Registered User Join Date: Nov 2011 Location: Eforie Sud Posts: 100 Likes (Received): 1	Chicago Public Schools to Announce Closings: http://chicagotonight.wttw.com/2013/...ounce-closings 129 schools to close

February 25th, 2013, 10:56 AM	#1465
ducus Registered User Join Date: Nov 2011 Location: Eforie Sud Posts: 100 Likes (Received): 1	Yup, seems like Rahm does what Bob didn't have te courage to do in the last 20 years...although the demographics were more and more discouraging...What seems suspect to me is that most of the school proposed for closure are in negro neighborhoods, like these neighborhoods would be the only affected by demographics.