Quote of the day: taxes, financing rates could push homeowners out of Chicago

“As Houlihan’s office has been warning, rising taxes together with high financing rates could sweep hundreds if not thousands of residents out of the city, particularly from west- and south-side communities like Lawndale, East Garfield Park, Woodlawn, and Washington Park. If it doesn’t happen with this year’s tax bills, it will happen with next year’s.”

– Ben Joravsky, writing in today’s Chicago Reader

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