‘We are in peril’: How skyrocketing property taxes are threatening Chicago's Pilsen neighborhood

Homeowners in Pilsen saw an average 47% increase in their property tax bills, and it’s not just families feeling the financial whiplash.

[@CameronFussner]

People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Sure I'm not alone in my chain of thoughts.

[@JohnsonAshley-sy3lx]

Buy now, home prices will not go lower. If rates drop, you can refinance.

[@Franklin-gq4si]

The government will have no choice but to print more notes and lower interest rates.

[@williamDonaldson432]

Well i think, home prices will need to fall by at least 40% before the market normalizes. If you do not know whether to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 3 years now, amassing nearly $1m in return on investments.

[@foreverlaura-fq4eu]

this is quite huge! what have you invested in ? much more info needed please ...I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@williamDonaldson432]

Finding financial advisors like Annette Marie Holt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@swenswenson556]

Best decision we EVER made was getting out of this wretched state. Nothing but crooks everywhere.

[@apackwestbound5946]

Sounds like Illinois lost an individual/family or business that should have been part of the solution. Illinois' loss and they are poorer for it by every measurement.

[@stevek343]

Same here, I left back in 2000

[@channel8-bit433]

Sadly true. The politicians and taxes make it impossible to live there peacefully

[@sniper60605]

I left 10 years ago. I miss Chicago, but not all of the crime, fees, and taxes. Think twice before you vote next time.

[@PraiseJesusChristOurSavior]

I'm from Indiana and we cant stand Illinois. its a horrible state with horrible politics and they try to come over here like a cancer and change us. Illinois needs to be gated so they cant leave. Indiana/Ohio/Kentucky get along we cant stand Illinois or Michigan.

[@AccordionJoe1]

I left Illinois years ago. My property tax was $5,000. Years later in a comparable house in western North Carolina, my property tax is $1,100 and the schools, roads and other services are better here than in Illinois.

[@paul9912]

Just don't vote for the same kind of people you voted for here and make North Carolina shity too

[@Datacorrupter234]

😂 the federal government should invade illinois and bring it freedom how is it even a part of the US

[@monohydrate2]

My property tax was $14,000 in 2021, 2022, 2023. Now it's $18,000 in 2024. Illinois has 10x as many school districts as other states which inflates costs of running schools. I may leave Illinois for Texas eventually.

[@lour9348]

This is just the tip of the iceberg ... who else is going to pay for the 50 year old retired firefighter, policeman and city manager?

[@dave3657]

I moved from Kansas to Illinois and with a sixth of the property, my property taxes are six times higher here. It’s a strong motivation to move to another state.

[@Datacorrupter234]

If you know enough about illinois in totality it seems moving there is a mistake for anyone

[@kiprana6565]

Why would you move there 😭😭

[@spg5658]

With the recent rise in crime since 2016 I'm actually surprised anyone would live there even if not expensive.

[@basednoamchomsky]

Crime is no where near what is what in 1990's

[@spg5658]

@@basednoamchomsky It didn't cost so much to live there back then. Now the prices are high AND the crime is high.

[@DarkmanRides]

I'm 60 years old I'm on a fixed income for the rest of my life there are no alternate sources. I've been searching homes and properties in different areas in the United States trying to figure out how the hell I can pick a place to live and avoid this inevitability for as long as possible that seems to be coming to every town USA.

[@Datacorrupter234]

California has semi capped property rate. youre property taxes are based on youre assessed value and it only changes when the house is purchased. Buy a cheap house in an undesireable part of CA and you taxes will be very low

[@Datacorrupter234]

Ca can only legally increase the rate by +2% every year

[@raydemos1181]

live in a motor home, at least you can move every time madness catches up to you.

[@duran9664]

Property tax could get up for 0.5% or 1% at most & not this pure insanity 😡🤬

[@mariagonzalez9325]

Every time I want to invest in a house and its these videos that make me pull back.

[@fatimamovement]

Well at least the police and teachers will be able to afford living in Chicago with their six figure salaries.

[@thefucrew9865]

They are leaving.

[@barbzfurbernie4560]

Wait till you find out how much your favorite alderman makes 🤣🤣🤣

[@krnpowr]

Teachers making six figures? Which school did you go to?

[@fatimamovement]

@@barbzfurbernie4560 is the alderman the one who stole the kieshka?

[@bigvito9008]

@@krnpowr Highest paid teacher salary in Chicago is $108,000

[@eckankar7756]

That's just crazy!! No, those taxes are just going to schools and libraries. How do you think the city can dish out Section 8 vouchers...YOU pay for it.

[@raulherrera2524]

My taxes went up around 50%. How is people supposed to keep up like this? If I wanted to sell, the market would barely pay my new assessed home value.

[@jamesgrisier2815]

The problem is less who pays for it and more that the overall tax burden went up by $614,000,000. That is the problem

[@sportsmediaamerica]

Glad I left Chicago 20 years ago. Hoping to get the rest of my family to move South. What a corrupt, poorly managed, unwelcoming city.

[@wr3137]

Illegal immigrants are why taxes are going up. More coming

[@johngund9921]

Property taxes almost always increase, this is coming to a city near you!! I purchased my home and it was a number of years ago during the 08' crash. The property base for my taxes was 50K higher than my purchase price., I fought like hell to get them lowered and they temporary lowered them but not to the purchase price...what a joke

[@NineInchTyrone]

Say hello to your wonderful beautiful Mayor !

[@well-blazeredman6187]

Perhaps property tax rises, for owner-occupiers, should be limited to the inflation rate that the Fed is targetting.

[@William1866]

This is all because of JB's lockdown. Commercial properties are getting a break because they didn't make money. "Citing the pandemic's impact on office spaces downtown." 4.19

[@conservativewarrior777]

Yet they still voted for him, he's getting richer, power hungrier and more corrupt while his voters and Illinois struggles more with higher taxes and crime!

[@alexs1429]

We are long past the pandemic and closures. We need to stop giving breaks to commercial property owners whether they made a profit or not. If they can’t afford it then too bad

[@trainsandlocomotives]

@@alexs1429 they are probably saying the same thing about home owners. People don’t care about each other

[@Mtrcty222]

At 65 I file for homestead exemption in South Carolina and pay a whopping $450 a year on a new home.

[@ianboard544]

The real problem is the deep financial hole the cities and state are in. People who can leave are doing so. Fewer and fewer people remain to pay the bills.

[@reniaesaddler8632]

This is straight up one of the best neighborhoods in Chicago and it’s because of the community culture, which is primarily Mexican, not because of the big cats who came in and bought the place up only to sell it back at 100x the price to emerging college youth armed with government money and an idealistic vision of the future. This world cannot be changed except from the center out. We keep doing things as we have been, same things as will keep happening. It’s as if we like arguing for the sake of arguing in America because if we liked actually solving our problems, we easily could with a simple, but bold, change of vision.

[@dsmith6404]

It's the same everywhere more taxes more fees and more permits. So sad for the next generation 😢

[@greg7811]

It's not a revenue problem, it's a spending problem

[@basicprogrammer6147]

Boston Tea Party: Don't pay taxes. But then the police won't show up! And?

[@VanRoostand]

And where is all this money going? Ukraine… this is sickening

[@bunaziulica5776]

Cook county is running wild with the property taxes. They deserve it though. They've been voting democrat for years

[@JuMiMi86]

Yikes - Love the Pilsen neighborhood...great food, humble families and businesses, always quiet. The City is going to get their money any way, any how. What a ripoff.

[@fredvaineo3509]

Remember when communities in olden times would finally get sick of lawmakers and politicians bs and take them to the guillotine..I think current officials definitely qualify...put Lightfoot first

[@tetheredtotheworld8189]

How are vet, homeowners exemption going to bring down an $ 8,000 to 10,000 dollar tax? They need to keep big companies paying their tax burden like it's supposed to. That is government working against the people that put them in place.

[@maryfries2147]

Big companies don't ever pay tax they add it to what ever u buy

[@lrvogt1257]

Property taxes are an immoral regressive tax that hurts most homeowners. Some developer can build an expensive property near me and suddenly I have to pay more or as noted businesses push the burden on the people but my income hasn’t gone up so my purchasing power goes down. Taxes should be based on income and user fees. Not real estate speculation.

[@garthornspike3648]

The residents are going to have to put a proposition on the ballot that reduces property tax rates and limits rate increases. Eliminating property taxes would solve their problem completely.

[@rocsocom3166]

You own nothing and you be happier. I believe this there goal. It happening everywhere.

[@over07ful]

Keep voting dem

[@jamesdavis9931]

Government waste out of control, extorting home owners and businesses

[@sharonalexander3581]

Yes I am being price out of my home💯💯💯

[@spocksbrain8255]

Lower property taxes in Chicago-land? Don't hold your breath.

[@westernrider100]

Hey city: Shifting the tax burden! How about cutting salaries, cutting unnecessary expenses!

[@gomerhanger2285]

you're being priced out. Its that simple.

[@derekfuqua1254]

No taxation without representation.

[@Undercoverbrotherfromanother]

Taxes are why I left in 2014 and I thank Jesus I got out.

[@ev500sam]

You can thank the Super Rich, tax dodgers and Investors! 🤬

[@mariagonzalez9325]

2008 repeat! We need to come to and protest!

[@NikitaWashington-q3t]

We are losing our lively hoods and everything we own to take care of immigrants from all over the world and many of them get homes for cheap after 2 years while hard working people are loosing theirs.

[@crippleguy415]

You can hire a tax lawyer to try and get your taxes lowered . It's worth a try . CROOK County would be nicer if Chicago wasn't a part of it .

[@loua8656]

Ive met a few of those politicians, and my God what 'out for themselves' pieces of crap they are. Especially that Cardenas guy. He just cares about looking good, but not actually helping others.

[@markrenton1093]

People will still vote the same way and still complain.

[@RespawnRestricted]

Anyone who own a home knows it's the school portion that is worse of the total usually 2/3

[@arosenweig]

I feel if you are fed up with high taxes in Chicago, consider moving to Florida because Florida’s taxes are much lower. Plus, Florida is much warmer in the wintertime.

[@natelove187]

Florida is overpopulated

[@jbgant8513]

Klaus Schwab World economic forum, "You'll own nothing and be happy".

[@elroythegreat1590]

🤣 Government needs more money.

[@GhostedGoaty]

Get out of Illinois as soon as you can people!

[@TheTurdballs420]

The smart people left a long time ago. Capital flight and brain drain are in full effect now. Even though this happened the citizens will continue to vote democrat because the average IQ in Cook County is around 80 which prevents them from connecting the dots. It’s a vicious cycle that’s fun to watch from Tennessee 😎

[@jeromethibodeau4378]

I'd ask the Mayor, See, show city hall who's bass in town see! Get some muscle in there, show them, who's in charge, see!

[@chulachula7469]

Here in Michigan we passed a law that taxes cannot go up, don't remember the details. But it was for exactly this reason. Proposition A

[@jtheb9585]

The problem is y'all keep voting them in Edit: 500+ likes thanks guys!

[@boogitybear2283]

Every Chicago candidate NOT ONE IS A REPUBLICAN! It’s like stupid can’t be fixed in Chicago. 😂

[@nickthinkpainting1978]

And they will again

[@MachineGunPepe]

These vote blue no matter who clowns are the reasons this keeps happening. Don't expect them to learn their lesson.

[@davidstaudohar6733]

@@MachineGunPepe Some one has to pay for the ,6.5 million Chicagoland residents that don't work , I don't get anything from anyone ‼️

[@jackbauer562]

Democrat voters are ignorant and LAZY.

[@eliovera7617]

Meanwhile, Mayor Johnson is spending 30k in hairstylist from public funds, outrageous 🤬🤬🤬🤬🤬

[@baileybutterfly320]

That has nothing to do with it

[@texasclawhammer6578]

They tell you property taxes pay for schools, but never mention that the school students cant do basic reading, writing, or math despite an endless money supply.

[@joyaustin6581]

But a teacher leaves a student unsupervised for 5 seconds, bus driver doesn’t know a student on the back of the bus gets assaulted or student from a troubled family commits suicide and everyone posts that the parents should sue the school district. Where do they think the money comes from?

[@francismarion6400]

Every Democrat family is troubled. they can't even tell if they have a son or daughter.

[@cld4393]

I don't have kids..I could care less about schools..

[@texasclawhammer6578]

@@cld4393 I don’t have kids either but care to the extent that I’d prefer to live in a moral society of educated, self reliant individuals capable of critical thinking. Instead the school systems are producing ignorant and ideologically obsessed emotional infants.

[@cld4393]

@TexasClawHammer I'm ready to leave the usa..sick of all of it.....not going to argue and fight ,to see nothing change...everyone keeps talking voting...nope..time to over throw

[@ljefferies2012]

The gaslighting by these government officials is unmatched.

[@jameslivergood348]

And shameless...

[@MrDarthvis]

Don’t pay your “rent” to government? Get evicted sadly.

[@davidcook680]

Founding fathers would have already went to war. Enough of the parasitic government

[@davidcox3076]

They're good at it. Chicago politician have been doing this to their voters for decades.

[@JacobSchmitt-j8p]

Classic case of you get what you voted for

[@opie32958]

I wanted to throw up every time these greedy government officials said that since the business valuations went down, homeowners' taxes had to go up to make the difference. That's a lie. The government can simply do with less, just like working people do when their sources of income go down.

[@apackwestbound5946]

Nice catch, you are correct. However "these greedy government officials" must be "forced" to live just like working people they will not do it on their own.

[@Network126]

Exactly

[@Eltororeloaded]

The fact that government can inevitably make "big business" the fall guy is a tried and true method of deflecting blame. I'm sure there's a PowerPoint presentation on someone's office laptop that details how to do it effectively. Required training for every incoming fledgling bureaucrat. Corporations have a host of sins that can be railed against. Let's at least be honest about them...

[@francismarion6400]

but the Teachers.

[@Texarmageddon]

If what they are saying is true… I wonder why they went down… hmmmm…

[@Dowell318]

Gotta love the way they go straight to a false choice: Either commerical property must pay more or residential property must pay more. Never do they address the basic idea of government spending less.

[@foamyzvideos2617]

Ropes and light poles need to be merged.

[@FretBuzzGuitar]

Nope. Just talking about how to cut up the tax liability pie. Not how to make it smaller

[@maargenbx1454]

@@foamyzvideos2617 This reminds me when I lived in Winter Park, FL during the GWB years, which was a Republican stronghold. Residents rebelled against raising taxes so the government spent less. One of the cuts was to public school budgets, including buses - there was no school bus for anyone living within 2 miles of the school. Of course there was another uproar. I cracked up when I saw a woman interviewed on local news, with her GWB lawn sign and 2 SUVs in her driveway, complaining about having to drive her kids to school.

[@HiddenAgendas]

lol there are NO more businesses in Illinois. Too much blacks.

[@shawnclawson890]

Bc theres a kot of illegal people who need paid

[@danwoodward1527]

We saw the same thing in Utah. My property taxes have more than doubled in the past ten years and increased about 25 percent from last year to this. Property taxes based on the value of your property is really just a sneaky way to tax unrealized gains. I think you should pay taxes on what you purchased your home for when it was bought and that’s the “value” so as long as you use that property as your primary residence. For seniors that paid a low price for their homes decades ago can’t get priced out of the home they worked so hard to pay off and retire in.

[@cigarsgunsanddiesel8032]

Exactly... my father bought his house in 1968 for like $20k... houses are selling for $300k and his taxes reflect it! BS!!!

[@Datacorrupter234]

this is how the evicted most of native hawaains out of their land. just tax them off it

[@truthalonetriumphs6572]

That's how it is in CA

[@kingashoes3954]

Mine property taxes also - but more like 93% increase - in suburbia Chicago. It is insane - I could buy another house for what I pay....I am leaving to Arkansas soon....at least they are some measures there that prevent such increases. It is a theft.

[@donalynmoss203]

I had someone standing behind me while I paid my tax bill. They couldn’t believe what I paid-close to $13,000. My taxes are more than my mortgage portion. We live in not Cook, but Crook County.

[@yennguyen-uj3ri]

😂😂😂😂

[@danwelterweight4137]

OMG, $13 000, for real. Wow That is insane.

[@tracybrovan3997]

Damn..13k.....around my area its around 11k...still just as bad.

[@mrwonderful2142]

Start voting with your brain and not your feelings 🤣

[@Nunyabezzwax]

I'm so sorry! No one in America should have to put up with Lori Blackfoot!

[@patrickp8315]

Cook county needs to live within their means. Stop pick pocketing purses of the residents. Cap the annual property tax increase.

[@violent_bebop9687]

Exactly, they need to CUT ALL SALARIES 20% , no exceptions.

[@mostlysunny582]

Telling democrats to live within their means is like telling a crackhead to cut down on crack.

[@johnnymcblaze]

Those are dangerous thoughts. I really hope you are planning to give up your guns.

[@Ap_twsh]

Cant because they like free stuff

[@francismarion6400]

Teachers are underpaid

[@radow869]

So they can steal your property.

[@roma5869]

Exactly. Pilsen is prime land. They are going to move everyone out, build apartments, and move young professionals in. It will be interesting to see in the next 20-30 years.

[@wishpunk9188]

You will own nothing and be happy.

[@miscanime]

That's all govt has ever done. They steal and destroy under the guise of helping.

[@WLA-General]

@@71torinoman LA now VEGAS

[@CraftEccentricity]

@@71torinoman They go onto the streets where Democrats pick up votes pretending to care about them, when it was they who put them on the streets.

[@genopingon5367]

Like I said before you truly never outright own your home! Once you stop paying property taxes you will lose your home 🏡 💯.

[@box2519]

Someday there will be gold backed money and capitalism. No property holding taxes in our ideal republic.

[@deesmith8576]

@@box2519 funny how 80 years ago they introduced taxes to tax the 1% and everyone cheered now look whos being taxed

[@kevinaguilar7541]

This is the inherent flaw of property taxes. You punish people for making their neighborhoods better/successful. So next time there's a opportunity to give business opportunities,fixing the sidewalks, or adding public space, people won't want it for fear of higher property taxes. We need to replace this with something else.

[@krnpowr]

The people being pushed out didn't make their neighborhoods better. It is the new people moving in that do. That's how gentrification works.

[@kevinaguilar7541]

@@krnpowr you don't necessarily need a high income to make a neighborhood better. A low income person can clean up the streets, participate in public performances, fix their houses, attend school board meetings, or be politically active. Granted, having low income gives you less time to do those things so the progress is slow and steady. What really helps is the welfare. That way the costs for necessities are partly or fully paid while we can spend our remaining money in improving our lives.

[@kevinaguilar7541]

@FriskyDingo question how is the tax for people over 100k right now and how much does Johnson proses to raise it for them.

[@MITdork]

@@krnpowr 100%.

[@MITdork]

Listen .. the multi-family you bought 10-30 years ago is worth much more.. I guarantee each home owner has at least one child in cps @$25k/pupil a year .. you have to pay your fair share Pilsen.. the Northside can't supplement the entire city..

[@thetruthhurts599]

Even if you own a house with no mortgage, you're still renting the land from the government.

[@andrewdiez1706]

I’ve been saying this my whole life!

[@thetruthhurts599]

@@andrewdiez1706 it's fucking Ludacris. They can just impose these yearly taxes on you. One year you're paying $4000, next year they can double your payment. It's all a rouse, we own nothing.

[@backagain5216]

@@andrewdiez1706 Yes but kick me out of my home if, GOD forbid it from happening, I have lost my earning power or have a horrible string of bad luck, where do they think I’ll go? Freeze to death outside while someone takes my house? Yeah right! Can’t beat a person with nothing to lose and when I’m dead, I’m dead but so are other people. Btw my house will be destroyed and the land contaminated. That’s one way to deal with this madness.

[@orppranator5230]

No, you are renting the land AND the house. Property taxes go up when you make a renovation to your house, for example, because the valuation of the house (and the land it’s on( increased.

[@thetruthhurts599]

@@orppranator5230 ok. Either way, you own, nothing!

[@aheimdahl5201]

This is why people are leaving Chicago and the near Suburbs for other States. They are chasing away their Tax Revenue Base.

[@boogitybear2283]

They vote Democrat then relocate to an area that’s always Republican yet still keep on voting for the DEMOCRATS they keep voting for! Cancering one place to another!

[@LGTheOneFreeMan]

Stay out of my state thank you. We're full.

[@wishpunk9188]

@@LGTheOneFreeMan you will own nothing and be happy.

[@eckankar7756]

I'm in Phoenix, my $330k house taxes are $117. a month.

[@danwelterweight4137]

​@@eckankar7756 yes, but Phoenix is hotter than Hades. I don't know how people live in that place. You can literally fry things on top of your car in the Summer with just sun light.

[@RinoaL]

This is why I don't want to own a home anymore. I own one in the middle of nowhere and it already costs too much, that's enough for me.

[@jojo8636]

Well then you’re going to help pay someone else’s by renting.

[@RinoaL]

@@jojo8636 As it turns out I pay less by renting than if I owned. Building repair is quite expensive after all. At the end of my life, all the matters is if I had to work the least amount to make the least amount of money to pay the least amount, so I got to spend the most of my time doing what I want. Don't care if I die without a house.

[@jojo8636]

@@RinoaL that’s awesome 👏🏽 good for you.

[@aynsleyjeansonne]

These politicians don’t care about us

[@charlessavoie2367]

They are laughing inside the Masonic Lodge until they get blue in the face! Also at the World Affairs Council!

[@khagindratri6781]

... and they never will

[@stevek343]

You just figuring that out now?

[@Mike__B]

The problem with property taxes is that they typically reflect the market value of the home (or property in general) which they really shouldn't. You shouldn't have to pay more taxes because a home you live in is somehow worth more money which is only based on how much people are willing to pay to live in your neighborhood. Parcel taxes should be the extent of what property taxes are, you need a little extra money fine let people vote on it, not making as much money? FIND OTHER FUNDING. The point of owning a home is that you no longer want to rent, now you're just renting from the government and if you don't pay they'll kick you out of your own home and take it.

[@Mike__B]

@FriskyDingo True enough, if there's one thing politicians don't ever want to do is to cut their revenue sources. Everyone gives crap to California for prop 13, but the reality is that it has largely saved homeowners from multiple explosions in the real estate market. Sure people who buy new into the insane market end up paying relatively large property taxes (or the renters do when the cost is passed on) but someone who owned their home for a while won't all of a sudden be priced out of living there because their 1200 sqft house is valued at over 1.3M (not speaking from experience or anything...)

[@CJ-mt6zd]

Screw you, what about people who can't afford a home because it's supposedly gone up in value? You're only thinking about yourself a-hole.

[@Jorge-ww9zy]

It should absolutely be tied to the value of the home because the homeowner can "double dip" by sitting on a GROWING Gold Mine while not paying the taxation for it. A more pragmatic solution should be allowing the homeowner to make a choice that if they don't want property tax tied to the value of their home, then they should not benefit from increased home values. This is what public housing does. Public housing will sell you a home below market value but then not allow you to resell it based on market value. Hence keeping it "affordable"

[@Ap_twsh]

But you like give everyone free stuf

[@CraftEccentricity]

@@Jorge-ww9zy You mean Communism?

[@k.chriscaldwell4141]

I studied the fall in to despair of Harvey, Gary, and Detroit. The main cause was legacy-corruption supported by ever rising property taxes. Really THE cause.

[@NikitaWashington-q3t]

Facts, this is what is happening all over this country but corrupt Chicago is getting hit first.

[@Jamesn2000]

Instead of trying to figure out which party, commercial or home owners should be put on more burden, how about lowering property tax for everyone?

[@henryc1000]

Are you crazy? Lowering property taxes for everyone will leave no money for the corruption in Chicago

[@felixthecat2786]

No, not everyone. Just the working and middle class. The wealthy 1% and corporations are not equal to the middle and working class. Their obsessive greed and desire to control wealth is responsible for the inflation of real estate

[@mikecmike6163]

No! It does matter; The political party that has run Chicago for eighty-plus years should be held accountable. Your child-like mentality is why your property taxes are sky-high. You refuse to acknowledge and hold democrats accountable. There is only one political party in Chicago holding power. Yet you foolish people will not hold them accountable. They should price you out of your homes for your foolishness and inability to pay attention.

[@MITdork]

@@luzmarie9014 what are you talking about? (Please cite your sources.)

[@bidensucks2922]

Lol… you leftists are funny

[@ConcernedCitizen5514]

I moved in early 2020 and am so glad I left. I paid close to $13k in property taxes during 2019 and I questioned what the hell I was getting for it and that was before the city officials chose to allow the crime in the city to skyrocket. Taxes on a $1 million home in the northern suburbs of Chicago, such as Winnetka, might be close to $30k/year. In Tennessee, taxes on a $1 million home in Brentwood, the wealthiest city in the state, are around $3-4k, if you can believe that, and the public school system in Brentwood is not exactly inferior to that in Winnetka. Unless you have family ties or cannot move due to a job, there is not much reason to stay in Illinois.

[@raydemos1181]

The taxes are cheap just north of lake cook Road, they need to move the county line down to devon ave

[@pwu8194]

Property tax is the biggest scam by the taxing authority. Your income doesn't change, but property value goes up, taxing authority wants to charge you accordingly. In less than 24 years, you pay your home's value in property tax. Counties are laughing all the way to the bank. They give themselves raises. You are screwed.

[@alexn5743]

Would you please present the math on that 24 year claim you made? I might not live in Chicago, but even in the face of increasing property taxes in my area this doesn't sound mathematically plausible

[@WethepeopleFreedom76]

This is what you voted for.

[@dannynieto34]

Bullshit

[@caspernetherlands698]

And what they keep voting for

[@kevinaguilar7541]

Republicans also give tax exemptions to the rich, what's your point?

[@wello5839]

Yes Democrats are ther ones slowly taking away but let them keep being stupid stupid will cost you

[@AH-xf6cp]

And they will continue to as well. Watch them elect Lori again 😂 pretty soon they won’t be able to vote this moronically because they won’t be able to afford to live in the city

[@Chicago_Clout]

Lori Lightfoot friends get massive tax breaks for politicial contributions.

[@nickwinn]

Big developers can literally force people out of their houses by raising the value of surrounding property, causing the taxes to chock people out and be forced to sell. Property Taxes need to be locked in at the time of purchase and only allowed to change if the property is transferred to a new owner.

[@mariagonzalez9325]

very good idea

[@no2party]

Property taxes: Paying on rent on something you already own.

[@countrysister700]

"Why does Cook County need so much more tax revenue and who is spending it?" should be the first question.

[@takearight.]

gotta pay pay for illegals streaming in getting hotel rooms, food, meds, cash, ..somehow

[@bloodspartan300]

The jews

[@everlastinglife5978]

The lake front property in my area is 10k a year in taxes. Most people here make 30k a year. So if they had a family home that grandpa built with his own hands, they can no longer afford to keep it.

[@found_treasures831]

If grandpa built it with his own hands, there shouldn't be a mortgage on it (unless they borrowed on their house). Therefore 10k tax bill on 30k salary is 1/3rd which is typical housing cost.

[@ninjagirl226]

@@found_treasures831 But with a mortgage you eventually pay it off and can live out retirement with less worries. With taxes you’ll never be rid of it and will have to keep paying it indefinitely. No peaceful retirement.

[@bidenharrismadmagazinesper574]

@@found_treasures831 30K a year minus income tax, so not 1/3 of the salary

[@dcg590]

@@ninjagirl226if you own a home, wether or not you’re retired you always have to pay the taxes on it. Also, if you have a house paid off you’re doing way better than most

[@ninjagirl226]

@@dcg590 How else do you buy a house? I’ve been saving for years now. And I’m hoping to buy my first house in full in a few years?

[@marblox9300]

The people who are having the kids in schools should be paying for those schools - not property owners.

[@tkarcher940]

This is a crime against humanity. We need a million people in the streets.

[@kelj4517]

@T Karcher How about you start first in the streets for this cause and see how that works out for you keyboard warrior 🤣

[@tkarcher940]

@@kelj4517 Go to the chancery court to see how this happens. Clueless.

[@mikewurlitzer5217]

Seattle, San Francisco and other Marxist/Socialist cities already have thousands of people on the streets and the government IGNORES the taxpaying public.

[@dannyorozco137]

Whit guns.

[@magnasquids7864]

Why not just vote instead?

[@johnaltobello5095]

This is ALL over chicago.

[@thezfamily989]

Yup! Mine went up $4,000 within 2 years. And I'm in the suburbs of cook county.

[@ghostmanscores1666]

You have to pay Chicago's legacy costs. WARNING: DEMOCRATS AT "WORK"

[@lisabrickner6004]

Its happening everywhere!!!

[@RobertUrsery]

This my worst fear as a homeowner . My taxes went up $500 bought this house at 24 now 27.. luckily I did a Tax exemption provided by my city .. looking to buy a rental property in a neighbor state where rents are just as high here but cost of home is 30% cheaper to buy to offset my costs

[@BudsCartoon]

This is happening to real Americans all across the country as well and it usually happens in Democrat cities or states flooding people to red states.

[@kevinaguilar7541]

The issue I see is property taxes. They effectively punish poor people for making better neighborhoods. Though definitely corruption is also an issue

[@nuancedliars112]

I left for Indianapolis

[@henryc1000]

@@kevinaguilar7541 : Poor people make better neighborhoods? WHERE?

[@kevinaguilar7541]

@@henryc1000 Like in pilsen, it want from very dangerous to bad if you go out at night. You don't necessarily need a high income to make a neighborhood better. A low income person can clean up the streets, participate in public performances, fix their houses, attend school board meetings, or be politically active. Granted, having low income gives you less time to do those things so the progress is slow and steady. What really helps is the welfare. That way the costs for necessities are partly or fully paid while we can spend our remaining money in improving our lives. This can for something like college, trade school, or buying more electrically efficient electronics.

[@royfields8840]

Keep thinking it's about democrats and republicans, and you'll continue to be severely divided. This is about the wealthy vs the rest, and the wealthy will always side with each other despite what they tell us because they feel they have way to much to lose.

[@volcanobro8443]

Government unions are to blame! And 7000 units of local government! 🎉

[@KazeriantheVIIII]

Got priced out of my home in Chicago under the Emanuel administration. Had to move where it was cheaper. Looking back I think it was a good move. Although it was hard to leave family and friends. Towards the end there were new houses being built on my block all around me. I cannot imagine what the residents of Chicago must be feeling now. Today a lot of my neighbors are from NY, IL, Vermont, parts of PA. Most moved on because they got priced out of there homes.

[@petestanton1945]

Gentrifier-in-chief

[@imperialmotoring3789]

We are now being taxed so we can build "migrant shelter" after "migrant shelter". Since when did we become subservient to illegal aliens?

[@geraldbennett7035]

hopefully, you no longer vote Dem? Otherwise its bringing your problems with you

[@Mind-Over-Body]

@@geraldbennett7035 You know they're not. Transplants ruined Georgia. Heavy inflow and now two Democrat senators. You use to be able to get a good home for 150k. Now that same home is 350k.

[@ericmotocross]

Emanuel didn't pay ANY taxes on his personal home...he needed his home to a bullshit charity and because it was a nonprofit he paid no taxes...I wonder why the media didn't bring this up?

[@trader025]

Parents need to pay more per child for school taxes they dont pay enough to cover their costs. Monthly property tax costs are now at mortgage levels.

[@ajg8722]

Yes!

[@awesomeladylight]

Mor-gage means death grip. The word mortgage is a French Law term meaning "death contract", meaning that the pledge ends (dies) when either the obligation is fulfilled or the property is taken through foreclosure.

[@robertherbst]

So glad I moved out of Chicago when I did! Somehow Chicagoans did not think they would have to pay for the teacher pensions and all the other graft within City Hall.

[@stevek343]

I left back in 2000

[@landit]

Take to the streets! Vote them all out!

[@LGTheOneFreeMan]

People like you are the problem. We don't live in a civil society anymore. Through graft and BS these people circumvent your vote or buy others'. If you want them gone you're going to have to do it yourself. Quit offering "nothing" solutions like pulling the vooooote lever harder and harder, and expecting a different result. They typically will ignore you and even then, if you're lucky and vote them out somehow, they get replaced with some other milquetoast politician who also continues to do the same corrupt things. You people won't do anything until you're starving to death in the street throwing rocks and swinging sticks at each other while these people flee to safety away from you. I genuinely can't tell anymore if you people are trying to be legitimately nice to people until the end, or if you've been bred down to such a low IQ that you cannot honestly fathom the idea of bringing harm to another "person" because they've destroyed your life, livelihood, and general prosperity.

[@markmazza135]

OMG…this is insane and frightening to the entire country. Not only is the assessor biffing the homeowners, but even if he claims his office needs time to refine the process, W T F happens in the mean time? This infuriates me and I live in Oregon!

[@Undercoverbrotherfromanother]

You live in another god-awful Democratic liberal Run State you're going to be in the same boat my friend

[@joez.2794]

Property taxes don't work this way anywhere else in the country (that I know of) so I wouldn't worry too much. In sane cities, as long as there's no change in ownership, there's an annual cap on tax increases (around 2%) so even if your valuation goes up 30% one year, your taxes will only increase 2%. Your tax rate also has nothing to do with "the pie" and how many people appeal, which is the most asinine thing I've ever heard. Homeowners there basically have an uncapped variable tax rate, while I guess businesses have a fixed rate since apparently they pay less tax when their valuation goes down, *unlike homeowners who pay more as a result while their valuation barely changes. It's madness.

[@Undercoverbrotherfromanother]

Right on

[@markmazza135]

@@joez.2794 It illustrates how, if the wrong people/politicians get into power, we are all susceptible to this kind of fleecing. Good to know it's not the standard, but no less concerning that it can happen and did in Chicago.

[@Dasani_water_drinker]

This is a land grab for smart cities.

[@dhwjohnston7212]

Odd that no-one mentioned OUT OF CONTROL SPENDING which then drives the need for ever increasing taxes. (And, still the schools do a miserably poor job of educating the children - but the teachers are being well paid!)

[@montana_patriot]

I left Illinois and my property taxes went down by 90%. I even got double the land.

[@nathant7437]

Wherever you went to, don't vote the way you did and ruin that new place too...

[@montana_patriot]

@@nathant7437 Billings, Montana. Nice and red. Don't even need a gun permit.

[@PraiseJesusChristOurSavior]

I'm from Indiana and we cant stand Illinois. its a horrible state with horrible politics and they try to come over here like a cancer and change us. Illinois needs to be gated so they cant leave. Indiana/Ohio/Kentucky get along we cant stand Illinois or Michigan.

[@austinroccaro2219]

@@PraiseJesusChristOurSavior lol whose “we” speak for yourself hillbilly 😂

[@bloodspartan300]

​@@nathant7437 it ain't about voting you fool

[@rockpadstudios]

What's driving the increases public sector unions

[@Inventors_Toolbox]

Problem is the government has never had a budget. A budget is when you see how much money you have then decide how to best spend it. The government decides how much its going to spend then demands citizens give them that much no matter if they can afford it or not. People can't decide arbitrarily how much they want to spend then demand their employer pay them that much. Neither should the government.

[@fessick2848]

Unfunded pension liabilities for Chicago public employees. 33 billion dollars.

[@Fido-vm9zi]

I can see that is a huge problem.

[@LosAngelesJedi]

“Elections have consequences” - Barack Hussein Obama

[@conservativewarrior777]

They were warned?

[@ensabahnur3104]

Unfortunately, we are still fighting the endless of wars of a man we didn't for, while he goes on to paint and make jokes about it...The Bush Dynasty