Wednesday, February 14, 2018

Springfield's housing situation

Using Zillow.com I looked at homes for sale in Springfield, Illinois. The search bar has a "More" option, under which can be found 'Days on Zillow' where you can select between one day and thirty six months. So as of February 14, 2018 Here is the breakdown of Springfield's available real estate:

What am I to infer from this? Are the same houses sitting on the market since 2015? Are people trapped in homes they've been trying to sell since 2015?

The need for a Sales Tax

Let's look at the average home values by City:
Springfield ranks 7th, so the average income tax within the city proper doesn't help fund it's infrastructure, so the wealthy people living outside the city are reaping the benefits of Springfield's infrastructure daily, while avoiding certain taxes and fees. This is why an increase in sales taxes is necessary.

Saturday, November 5, 2016

Illinois' very own giant sucking sound: Chicago

Since NAFTA and probably even more economically dire circumstances if the TPP comes to fruition, the U.S. economy is becoming a predominantly service economy instead of a production economy, except for businesses with access to raw natural resources for mining and agriculture, or professionals such as doctors, lawyers, accountants, government officials and business owners.

The bulk of service jobs are in urban and suburban communities and most of those jobs pay such low wages that services like retail and hospitality require government subsidies for their employees and families.

Even if the retail and hospitality industries paid livable wages, there would still be a need for subsidies for the remaining unemployed. For Illinois, Chicago is the largest tax drain on the entire state, People south of Interstate 80 are so far-removed from the plight of the service industry that all they see is the money disappearing for taxes but not the positive effect tax money has on the urban communities.

They would rather not pay any taxes at all, then they could sit on their front porches and watch the amber glow on the horizon, of the cities burning in chaos.