Comment of the day: instant gratification TIFs

“My experience in Logan Square / Avondale is TIFs are just the short-sighted way people impatient for change demand things. ‘Why don’t we have a Trader Joe’s?’ says one guy, and the gut reaction of many is ‘we need a TIF to get them here!’ What ever happened to the free market, anyway?”

– Carter, commenting on our Quote of the Day about Chicago’s heavy use of tax increment financing districts, or TIFs.

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