Larry Myers

Daily Note

October 11, 2023

Two stories that caught my attention this week:

These two trends are related. There is still a ton of pent up demand in Chicago for market rate housing in the near north and west sides of Chicago. You only need to go on a few bike rides to see the sheer number of new residential towers going up in Fulton Market, Old Town, Printer’s Row, and River North. If tax incentives to build affordable housing aren’t working, then the Mayor’s office is going to need to try a different approach.