California

Mandating unaffordability: How Chicago’s housing affordability requirements decrease supply and increase costs

By Josh Bandoch, LyLena Estabine
10/01/2025
As housing prices continue to soar out of reach for more Americans, an impulse from policy makers across the country has been to attempt to mandate “affordable” prices through legislation. One common idea is rent control, which limits how much landlords can increase rents on residents. A related one is inclusionary zoning, which forces developers...

Businesses moving out of Illinois triples since pandemic

By Bryce Hill
08/12/2025
Illinois lost 218 businesses to other states in 2023, part of an acceleration to triple the rate of what losses were before the pandemic. When adjusted for population, Illinois ranked No. 2 for the most business losses.