Posts tagged "home"
Race, poverty and politics: first meeting of the infrastructure trust; city council mulling eminent domain to help troubled homeowners
Rahm Emanuel’s infrastructure trust had its first meeting Thursday. According to Crain’s Chicago Business, the board chairman, a retired Boeing executive, put forward rules to organize the operation of the trust. The group’s activities are expected to be subject to Freedom of Information Act requests. Eventually, the trust will need about $200 million to take... Read more »
The Chicago jobless rate has fallen to 9.4 percent from last year’s 10.4, matching the Illinois rate, but still slightly higher than the national rate of 9.2 percent. The country’s economy grew at a two-percent rate between July and September, an improvement over the 1.7 percent growth between April and June. However, economists surveyed by... Read more »
What’s the American Dream? A job, a family, a little house in the suburbs? Some are suggesting that the third should get axed. Or so says Time magazine, in its article “The Case Against Homeownership.” Certainly, in this economy, the idea of owning a home doesn’t take on the same glow it once did. With... Read more »