Illinois’ pension crisis has been a growing problem for decades, and its negative effects on state residents are well documented.1 Economic fallout from the COVID-19 pandemic and related government shutdown orders threaten to bring that long-running crisis closer to its breaking point. The state’s five pension systems collectively held nearly $139 billion of debt at...View Report
Amid a pandemic and civil unrest, Chicago’s mayor chooses to crack down on parties.
New Illinois House bill would prevent local governments from banning Airbnb and other vacation rental services.
City bureaucracy – not consumer complaints – has left thousands of Chicago hosts barred from the Airbnb platform.
As Airbnb begins to remit Naperville’s hotel/motel use tax, some downstate municipalities are considering similar measures.
The mayor’s proposed 2 percent fee would punish short-term rental customers and providers.
Illinois' fifth-largest city is moving to raise taxes on telecommunications and hotels, and fold homesharing into the latter.
Chicago has some of the highest taxes on travelers in the nation.
Chicago Alderman Marty Quinn is attempting to squeeze out home-sharing in the 13th Ward.
Lake Bluff homeowners home sharing with Airbnb were forced to cease and desist by the village zoning board.
It’s no secret Chicago aldermen aren’t friendly to outsider businesses and innovative industries. Here’s a look at some of the most egregious examples from 2016.