Why Illinois Is the Worst Place to Own a Home

[@DanStratocaster1]

I grew up in Flossmoor. My parents built the largest home in Flossmoor at that time. 1968. It was a great place to spend my childhood. So many wonderful memories I can’t even count. Back then Route 30 in Chicago Heights had several large car dealerships, restaurants, and even a LOT of places to shop. In other words, MILLIONS of dollars in retail tax revenue that has disappeared.... decades ago. The only reason I go down there now is for funerals. I feel terrible every time I drive down there.

[@irishguy13]

If you think that pouring money into schools translates to home values, you don't understand why big holes in big boats results in sunken scrap heaps.

[@kevinbyrne4538]

Would the last person to leave Illinois please turn off the lights on the way out?

[@kavic1234]

The utilities will have shut of the power long before due to non payment of the electric bill

[@michaelmcneely2614]

The lights will be out. No one paid the bill.

[@jameshaury2716]

I always voted Republican when I lived in Illinois.

[@10tenman10]

We closed on the sale of our totally wonderful condo in Lakeview East this morning. Got a bad price, in part because of the general state of the real estate markets. Another huge factor was the relentless tax increases. The property tax rose from $5,500 in 2011 to almost $12,000 per year in 2018. This crowded out borrowers ability to pay more and thus lowered the value of the place. I'm gone, never to return (might visit). I hope the politicians and eventually the unions get the message.

[@sw35071]

Dan Proft..The only time he thinks he's wrong,,is when he thinks he's gonna lose....now that's one confident dude,,and he earned it !

[@AmandaHugenkiss2915]

In 2003 we bought our house in the far west suburbs for $246K. In 2017 it sold for $250K. After 13 years of appreciation and improvements we made $4K. So all we got was what we paid down on the mortgage. At the end, taxes were about $7400. Our new house in the South, for the exact same price, is larger and has exactly 4x the land and 1/4 the taxes.

[@xtusvincit5230]

Chicago is the next Detroit.

[@Rebellion1776]

It will be worse, and Detroit was pretty bad, still is...

[@mombiezombaby7068]

Joey Suggs Chicago and Detroit are 3 hours apart not that close

[@RobertSpiller]

No its not, and I live here. In fact they are sinking billions in both downtown, midtown and most importantly, they NEIGHBORHOODS. Right now Detroit is poppin...I'm just wondering who will help Chicago, because it is an amazing city with so much to do and see.

[@bobgarney6366]

It is now Detroit!

[@johnbarnes5237]

Not if Baltimore gets there first......

[@11aaf]

I'm a conservative that just happens to have been born and raised in the depraved state of Illinois. Unfortunately, I have to wait 3 yrs before I can leave :( My property taxes have just been raised about $300 from last year... up to $2700 on a $100k home. Doesn't that sound appetizing? It's an attack on capitalism and hope. Anyone want 2 conservative voters here, to move into their conservative state, to help it to stay conservative?

[@jeffbeeks5461]

Come to Indiana we welcome more conservatives here

[@spectra7gaming471]

Im trying to move out of illinois because my mom lost her house to foreclosure, property taxes are so high, chicago is extra financially segregated. And the legal weed industry is corrupted with the illinois department of agriculture charging $45,000 for cannabis cultivation licenses.

[@troy9er]

My family (on my Mothers side) Immigrated here in the late 1700’s from Germany. I’m sending this to my wife. We have been talking about moving to a state free of these high Taxes. Tennessee looks nice, I hear they are a much better choice and it’s beautiful there.

[@level1life79]

Also the fact that there's a toll on literally every highway is absolutely ridiculous

[@sunlite9759]

There are 175,000 homes for sale in Florida and an additional 27,000 in foreclosure.

[@sunlite9759]

Can these Cities be saved: Baltimore MD, Ferguson Mo, Rockford Il, Buffalo NY, Chicago, Camden and Trenton NJ, Burlington NJ, Atlantic City, Atlanta Georgia, Kansas City, Lynn Mass, Stockton Ca, Rochester NY, Suffolk County LI, Cleveland and Akron Ohio, Philadelphia, St Louis, Gary Indiana, Sioux City Iowa, Portland Or, Milwaukee, Wilmington Delaware, Tampa, Charlotte NC, Jacksonville Fl, Sacramento Ca, Richmond Va, Wheeling WV, Memphis and Nashville Tenn, New Orleans, Lake Charles, Shreveport and Baton Rouge La, Jackson Miss, Saginaw Mi, Toledo and Warren Oh, Chester and Allentown Pa, Binghamton and Utica NY, Bridgeport and Waterbury Conn, San Antonio, Corpis Christi, El Paso, Amarillo, Dallas and Fort Worth Tx. Detroit was the canary in the mine signaling the devastation of American cities. Think not? There is nothing on the horizon to turn them around. Lies and denial of the Violence and lawlessness is baked into the mix and no one has the courage to step forward and call the shots. Cleveland will follow Detroit with a property foreclosure rate of three to one! New Jersey will be the first state to declare bankruptsy; homeowners are strangled with obscene property taxes with no relief in sight. The ratio there is 42825 to 38,300!!! foreclosures. The ponzi scheme in that state will end soon. Suffolk County NY has average property taxes of 10M to 30M for homes in the range of 1300-3500 sq.ft. The ratio of sales to foreclosures is 13,810/5117. This is a looming housing disaster. The ratio for Columbus Oh is 1302/2463 foreclosures. Florida lists 131,848 thousand properties for sale; including 28,853 thousand foreclosures; 18,336 of new construction and another 18435 rental properties. The foreclosure rate in Tampa is one out of every 2 for sale! How much property has violence and disorder destroyed? Billions! It has caused the financial ruin for homeowners, retirees and business destroying both the property and property tax base. Cites are added to this list on almost a daily bases! These cities and towns will never recover or rebuild! Despite the appearance of prosperity the undercurrent is apathy, despair and perhaps regret; the legacy of unintended consequences and procrastination. THIS is the new norm!

[@TheMkarr]

Get out people. It's a dump.

[@johnbaylaya7000]

Make Chicago an independent citystate ... now the rest of state needs to learn how to vote ...

[@11aaf]

The entire state has high property taxes.

[@IlluminatedWhiteGuy]

Because that cesspool Chicago is there! lol

[@11aaf]

The cesspool is the entire state of Illinois.

[@DanStratocaster1]

I’m leaving Illinois ASAP. I’m stuck here until 2021, a work contract and a professional license in Illinois. I’ll be headed out west, most likely Arizona.

[@vcoonrod]

Idaho is a better choice. I understand the draw for Arizona, but the heat is scorching beyond belief. Check out around Boise.

[@brian436]

@@vcoonrod Boise is attracting the unhinged white leftist wingnuts that are fleeing California. They will ruin Boise and Idaho next.

[@FrostmourneFK]

I'm moving to Missouri. If i'm going to live with shitty weather and boring landscapes I might as well not being paying out the nose for it.

[@kennthbennett7320]

Make Chicago it's own state!

[@videomaniac108]

Will Illinois raise its taxes so that I can get higher welfare benefits? The price of everything is going up, including what I have to pay for weed:(

[@coolramone]

Cigs, alcohol, and lottery tickets cost money too. :-/

[@yvonnehemlick9504]

lol

[@michaelpowell7120]

Communist

[@paulhale3428]

Welfare lol. Only if its in line behind the innumerable special interest groups.

[@Realliberal]

U can’t change a future that has already happened. It is a waste of time and energy. Get out while you can!! Illinois Bureaucrats new motto Zimbabwe is the chicago way.

[@richardwilkinson5105]

This state sucks can't move my parents are to old to start over

[@johncarter7284]

For retirees it's one of the best places to buy a home, recently purchased a home downstate, great area, lots of recreation, low crime, paid about half of what it would have cost to purchase a comparable home in most states, plus Illinois doesn't tax pensions, which compensates for the high property taxes many times over.

[@russelldonithan2621]

It isnt just the property taxes .it the city code and how they are find you simply for no reason or stupid reason without any due process.it basically a tax

[@chipbroadfield2180]

When Illinois can no longer afford its pensions. The state government will go to the American taxpayers to bail them out. If not us, who then?

[@robertdixon6536]

Get out and stay out of this gawd forsaken place.

[@jeffbeeks5461]

I use to live in south holland sold our home on short sale moved to Indiana got out before the collapse

[@mauriciovivas125]

Looks like California

[@majoinerful]

FYI: Illinois placed 2nd place when it came to property taxes behind New Jersey.

[@charlespappas9917]

Smells like something else.

[@mbmmhm501]

I'm from Louisiana and I've moved to Indiana in the past year. I've learned in my time here that indiana actually has jobs outside of the oilfield, the houses are affordable, and the schools aren't completely abysmal. The same sort of problem in Illinois is happening in Louisiana on a more local level

[@Justadudeman22]

Shhhhhh

[@jeffbeeks5461]

I left Illinois in2014 bought a home on 8 acres in Indiana for 300.000 we only pay1300 a year for property taxes we are glad we moved.

[@joannelfgen648]

I live in IL and taxes are horrible.my property taxes get higher and higher every year.they go up about $1,000 a year. I live in Madison county and we r lucky to even get roads fixed. Don't see where my taxes r going. They started out about $1000 now they r $3400 a year and my house is only worth about $50,000.to many corrupt politicians. Gotta get out somehow

[@1439315]

Well spoken sir.

[@russelldonithan2621]

This won't do anything if don't change city code which acts defacto property tax or worse

[@handymanbrian8269]

Left there a decade ago. It's just a matter of time before complete collapse.

[@ratoneJR]

I moved from Illinois to Indiana. While their tax cap is 1% of home value, local municipalities/county's set accessed values at an arbitrary value. 4 days before I took possession, my home was re-accessed by the county to 25% higher than the sale price. This increased property taxes by 20% ( still less than 1/5 of what my property taxes were in Illinois). I feel sale price is accessed value...not in Indiana. The 2 are unrelated. Subsequently, I am back on Realtor.com. I am looking to move from this criminal state in 1.5 years. BTW...I need a new cheap, panel mini-van ( Nissan NV200, no options) for work. License plates are $598 a year. Bye Bye Indiana.

[@Dave-qb1iq]

ratoneJR you crossing back over the border in Illinois

[@juliangamboa2856]

Doesn't matter which party governs. Teamsters run the state like in the old days. Illinois is still a huge business hub.

[@ryan-xj4hr]

Proft for Governor.

[@sunlite9759]

Perhaps " I should never purchase that home!" If the trend line in home values is down, buyers will be under water as soon before the ink dries! Your dream home may become a financial nightmare. What should be the criteria when considering a purchase? Agents always tout location first as a prerequisite before considering buying but which locations would be a safe bet? Some locations would create a loss as soon as 'you drive it off the show room"!!! Add up the distressed housing locations that have either seen devastating fires, floods, mud slides, hurricanes, tornadoes, riots, the threat of utility bankruptcies ( PSE&G will probably never recover. Ca. residents may see their electric rates double.), high commuter fees, the threat of left wing home grown massacres, and especially dysfunctional local and state oligarchies, Yes, dysfunctional oligarchies!! Residents of sanctuary states that have embraced socialism will tax homeowners to pay for their failed blunders! Some town councils have rifled the treasury and awarded themselves huge salaries and pensions leaving the homeowner high and dry. Detroit is a perfect picture of the housing market of one sort or another. If one has based retirement on funds recuperated from the sale of their 'nest egg' now may be locked into these deteriorating cities with no hope of recovery.

[@dougn2350]

Property taxes in Illinois are high because of police pensions.

[@darwinmcguilicuddy6083]

Illinois is the worst place to own a home, because they want to drive you out of the state, so there is no one around while they seize all the property. they being the corporations. USA Inc is a corporation, a fictitious entity owned by the crown, in DC which is a foreign country owned by the crown. the state you live in is a corporation and all the counties and municipalities therein. corporations are not beholden to the original constitution for the united States of America, but to fictitious corporation law, ucc law, international law, admiralty law, maritime law, martial law, military law, law of the sea, law of the Holy see, canonical law. remember when casinos were only on cruise ships and riverboats? well the maritime pirates have landed, unlawfully of course, but legally.... how you might ask? they authored a statute, code, article (artificial ), legibly but ambiguously, purposelfuly unconstitutionally. to rob through maritime piracy.....

[@candid1954]

Wow....well said! However, you forgot to mention that the Constitution is nothing but a god damn piece of paper!

[@darwinmcguilicuddy6083]

Leonard Shaughnessy Wow.... well said. but you realise, so is your berth manifest certificate, your socialism security number, the money you have in your pocket or wherever, your drivers license, the checks you give and receive..... ah yes, the all capitalism letter version of yourself. your nom de guerre, your beast numbers, probably can't wait till they chip you to get rid of all that paper. also, all those corporations, are just god damn pieces of paper. so is the bible. so is the blueprint of where you live.

[@darwinmcguilicuddy6083]

Leonard Shaughnessy and your Regis tration that allows you to be the custodian of the car you drive, and the title of same, of which you do not have original, just a copy. look on the copy, it'll tell you where the original title paper is warehoused. look at your beast numbers on your berth manifest certificate paper, the one that bastardized you, by having your mother's maiden name only, making you a ward of the state. they do animals and livestock this way.... then find your beast numbers on the livestock and bondage mart-ial, market. as you are traded like cattle. all the legal, legible, legacy, legislation that says pay taxes, or else..... also paper. so in essence, I'm not sure what point you are making.

[@sunlite9759]

Check out NJ. the next catastrophe.

[@GGGarrison]

This is the best presentation I've heard Dan Proft give in years. Maybe there's hope for him yet.

[@1439315]

Sell Illinois; fast !

[@carlderossi6497]

How about this idea.... Pension adjustment /buyouts. school adjustment/closures/ privatize enrollment. Rollbacks for state/city employment.... Where state employees have an option to take tax free programs for pensions and salary cuts. State jobs eliminated by giving raises to state employees willing to hold multiple positions. ETG School teacher/ security jobs where they get a raise, but eliminate positions for a security officer. or road worker/ sanitation where mornings they do garbage, afternoon they do road maintenance for more money. I know for a fact that most jobs have dead spots or down time no matter what the field it is. That way you can reduce positions , and jobs needed to run the state. Schools budgets keeps going up because of tech / security needs that was not needed years ago. Maybe restructuring the education system and locations and looking for volunteer positions for retirees to do jobs where a salary can be lower due to there already on a pension. There are so many ways to cut corners and eliminate waste in the budgets where there can be a new way of thinking and organization how money is being wasted.

[@jameshaury2716]

If I remember properly my 1st installment of property tax in Cook County was always 5% higher than my first installment of the previous year.I thought this was normal.I did not like it but I was unaware other states had such low property taxes in comparision.

[@dh-flies]

The cure for Illinois. Democrat Hunting Season. Starts Jan 1st and ends Dec 31st. No bag limit. In fact we should be paying bonus tax reduction to those that can eliminate 10 or more per season. There is a 2nd part of this plan. People of legal voting age must pass an IQ test with a score of at least 109. That score is considered as: Average and can complete high school graduation and college with difficulty. No one else is allowed anywhere near a voting booth. And an ID is mandatory. Problem solved!

[@charlespappas9917]

Lomlao.

[@TheBandit7613]

I left Illinois the day after I graduated. Moved to southern Nevada. BEST THING I EVER DID. High pay, low taxes, good roads, no cold & snow. I have palm trees in my front yard. If I did it, so can you.

[@MaggieClarkSLC]

I did the same except that I went to Utah. After retiring with a pension, we moved to Henderson, NV. We LOVE it here!

[@sw35071]

South cook county,,Steger,,borders cook and will county. Believe it or not, will county taxes are higher if your in the middle of Crete township and bloom trail,,your paying for both districts. Great for us guys with no children..

[@sunlite9759]

There are 8,000 homes for sale in Chicago!

[@ToddTinley]

How many Foreclosures?

[@sunlite9759]

@@ToddTinley Illinois: 87,000 for sale; 21,000 potential foreclosures.

[@ToddTinley]

@@sunlite9759 Thank you for the update!

[@weitzfc1]

one word - Chicago .

[@dc76384]

Republican blame the unions. Not the politicians.

[@stepheneggert7388]

Live in hinsdale il? High prop taxs. Schools want more money..for new pools..asking tax payers for more money to pay for 2 pools dont need them..they cant maintain them .i bet. ..no grass football feilds ..terf..? Why..milloins of waisted money...

[@TheBandit7613]

I left Hinsdale years ago. My family originally had a large farm near Plainfield rd and Garfield. That was before I was born. LEAVE while you still can. I sure don't miss the long cold winter. Lots of Illinois refugees here in Vegas so we have Chicago pizza and the only White Castle west of the Mississippi.

[@retiredretired421]

I can fix Illinois 1st state prison's big cost needs cut bad! 2nd planes motorcycles new cars bonus's pay outs ! 3rd wages cost insurance can be fixed! Taxes reajusted ! Contractor fees out of sight! And so on! Illinois can be fixed his bull shit don't fix anything! Just talk!

[@PearComputingDevices]

I live in North West Indiana. We're Hoosiers, We welcome you!

[@Dave-qb1iq]

Pear CD you sure you want people from Illinois they will bring there voting ways with them

[@peterhaslam2294]

Pear CD so long as we don’t Illinois your Indiana 😊

[@electromech7335]

You don't need their gang bangers!

[@Imperial0666]

@@electromech7335 Gary has enough of their own

[@johnlupo3919]

a COUPLE OF THINGS NO A COUPLE THINGS!!!!!!!!!!!!!!!!

[@lynnski-ex3zk]

Long Island is next.....

[@interestingjustice2368]

just revolting.

[@joannelfgen648]

People ya gotta quit voting democratic.

[@oldrickoldrick8990]

Everyone done knows this