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“If you’re on Section 8, no income means no responsibility,” he said. “There’s no incentive to work and concern yourself with things like property upkeep. Over time, that only comes to drive property values down.”


1 posted on 05/12/2017 6:05:08 AM PDT by KeyLargo
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To: KeyLargo

Ungentrification.


2 posted on 05/12/2017 6:08:05 AM PDT by bravo whiskey (Never bring a liberal gun law to a gun fight.)
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To: KeyLargo

Chicago libs miss Cabrini Green


3 posted on 05/12/2017 6:08:33 AM PDT by PGR88
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To: KeyLargo

Arena’s Section 8 development means more crime, lower property values


Whoda thunk it?


4 posted on 05/12/2017 6:11:45 AM PDT by VTenigma (The Democrat party is the party of the mathematically challenged)
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To: KeyLargo

45th ward used to be generally a great area. NW side of chicago.
....used to be the start of where firemen & cops live.
Wherever it’s at now, Section 8 will turn it into an armpit.


5 posted on 05/12/2017 6:19:18 AM PDT by stylin19a (Terrorists - "just because you don't see them doesn't mean they aren't there")
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To: KeyLargo

Good morning.

Chicago learned absolutely nothing from Cabrini Green.

Sheesh.

5.56mm


7 posted on 05/12/2017 6:45:30 AM PDT by M Kehoe
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To: KeyLargo

I’m familiar with these neighborhoods and residential real estate in the City of Chicago. Before the housing crash Chatham was a very nice community that was predominately black. As far as neighborhoods go on the south side of Chicago, it had higher property values than most. It also has some housing stock that is superior to surrounding markets. It had an air of being upscale. The curb appeal of the homes was very good. Now it has been dragged down to the level of the surrounding neighborhoods. Jefferson park has a different demographic as Chatham is predominantly black. Jefferson Park is surrounded by much nicer, at least in terms of property values, neighborhoods than Chatham was/is. So Jefferson Park can take the hit without ruining it like Chatham was ruined. I still wouldn’t like it if I was a resident, but I think warning the same thing will happen is just a bit too much.


9 posted on 05/12/2017 7:17:19 AM PDT by BJ1
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