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Economy
Chicago to ask for temporary halt of single-room occupancy hotel conversions
2014-06-25
[reliably Democrat Chicago, aka The Windy City or Mobtown
... home of Al Capone, a succession of Daleys, Barak Obama, and Rahm Emmanuel,...
 Tribune] Chicago is calling for a six-month moratorium on conversions of single-room occupancy hotels and residential hotels while it tries to figures out how to regulate the gentrification that has put thousands of very-low-income housing units at risk.

An ordinance that would prohibit for six months the issuance of any city building permits for the demolition or conversion of the buildings is expected to be introduced at Wednesday's City Council meeting by Mayor Rahm Emanuel and several aldermen.
Sometimes (often) there's a reason why things are the way they are. This gradual realization -- and the fallout of 9/11 -- did much to change my thinking and my politics.
Posted by:Fred

#7   Fine have your drug infested sh*thole slums.

Thing is, the Feral Govt will give you money for a drug infested sh*thole slum, but not for an upscale neighborhood. Beaks must be wet!
Posted by: SteveS   2014-06-25 22:51  

#6  So you want to mess with the market and have non profit housing and further drive out producing renters? Fine have your drug infested sh*thole slums.
Posted by: Alaska Paul   2014-06-25 18:58  

#5  Ah, yes Kelo, seize property without due process or compensation, right Justice Kennedy?

People who buy these overprices one bedroom 'condos' have money and independence, while those doing flophouse living are tied (indentured)to the government's tit. Why free men may actually vote the other guy. They got to protect their phoney baloney jobs.
Posted by: Procopius2k   2014-06-25 08:14  

#4  This unpleasantness could all be easily remedied if Section 8 vouchers were simply amended to permit individual, nightly stays. Sort of a punch card system.
Posted by: Besoeker   2014-06-25 07:32  

#3  Shortage of flophouses isn't the issue.
In Chicago, the phrase "It's gonna cost ya" has a whole different dimension.
Posted by: ed in texas   2014-06-25 07:24  

#2  If they need rats or bedbugs, New York is having a sale.
Posted by: SteveS   2014-06-25 05:28  

#1  Chicago faces the horror of a FlopHouse Shortage?
Posted by: Shipman   2014-06-25 05:15  

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