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...

Nearly half of the Illinois job losses in October resulted from True Value Co. declaring bankruptcy. Chicago led the state for jobs lost.

Chicago’s tight rental market is raising rents and eating larger chunks of residents’ income. But the city can fix that by following Minneapolis’ lead.