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.

TAGS: collaborative economy, homesharing, regulations, sharing economy

Chicago Airbnb hosts made $73 million in 2016, despite roadblocks by Chicago City Council, hotel lobby

By Brendan Bakala

12/20/2016

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.

TAGS: Airbnb, Chicago, collaborative economy, homesharing, regulations, sharing economy

Fixing Illinois’ outdated workers’ compensation system

By Mark Adams

07/20/2016

Illinois’ workers’ compensation system has not evolved to meet the modern workplace, and is instead working more for special interests than employers and employees.

TAGS: collaborative economy, jobs, manufacturing, sharing economy, workers compensation

Rahm’s power move on Airbnb ordinance shows who’s the boss in City Hall

By Chris Lentino

05/20/2016

Despite calls for more time, the mayor flexed his muscle to increase taxes on short-term Airbnb rentals to over 21 percent.

TAGS: Airbnb, Chicago, collaborative economy, Rahm Emanuel, regulations, sharing economy

Two things Illinois homeowners should know about the property tax assessment process

Report Archive

Rich Roth

Policy lessons from Illinois’ exodus of people and money

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students