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.
The mayor’s proposed 2 percent fee would punish short-term rental customers and providers.
Lawmakers in Springfield are joining forces with Hertz and Enterprise in efforts to punish companies offering innovative alternatives to conventional car rental options.
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.
Effective July 20, 2017, residents wishing to host visitors in their homes between one and thirty days must apply and pay $50 for a license. The city must inspect the property and deem it up to standards.
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.
The Chicago market has grown to the third largest in the country, accounting for almost all of the more than $73 million in supplemental income in 2016.