Airbnb has reported that about 4,800 Chicagoans are Airbnb hosts, and they earn an average of $5,300 per year renting out their homes through the service.

The state of Illinois has one of the oldest workers’ compensation systems in America, dating to 1911.

The city’s new ordinance will punish visitors to the city with a 21 percent hotel tax bill.

In the face of fleeing residents, the Chicago City Council has chosen to add more and more layers of regulation instead of reforming.

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

Mayor Rahm Emanuel’s proposed 2 percent tax and new regulations would harm Chicagoans trying to make ends meet by renting out space in their homes, as well as tourists looking for less expensive lodging.