Article

2019-09-22 Economy

Naperville among the top 50 cities in U.S. at risk of housing slump, website report says

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Posted by Besoeker 2019-09-22 06:37|| || Front Page|| [5 views ] Top

#1 City just west of Chicago, IL. Getting out before the tax farmers show up. It's always best to be in front of the wave.

Posted by Procopius2k 2019-09-22 07:16|| 2019-09-22 07:16|| Front Page Top

#2 Peoria, IL is #1. A lot of Florida cities in the top 50. Some California, Atlanta.

Seems to me this is a statistician trying to make a story.

Posted by Bobby 2019-09-22 09:12|| 2019-09-22 09:12|| Front Page Top

#3 Getting out before the tax farmers show up

They're already there, P2k. Their 'harvesting plans' are still in development, though.

Posted by Mullah Richard 2019-09-22 10:24|| 2019-09-22 10:24|| Front Page Top

#4 I blame the flight of the privileged.

Posted by Besoeker 2019-09-22 11:04|| 2019-09-22 11:04|| Front Page Top

#5 Naperville is strange. It's major industries have already exited "stage left". Western Electric - long gone, Bell Labs - long gone with elements still in small Nokia unit. Lucent - long gone. Phone switch generic company in NW Naperville - very sick. It goes on and on with the old big boys. Currently the lights are company warehouse mail-order shipping free trade areas like Crate and Barrel - but most of their workers are low end blue collar and the high end are designers who live on the Gold Coast meaning the workers can't afford Naperville and the designers prefer Evanston so nobody working there buys in Naperville.

Posted by 3dc 2019-09-22 11:55|| 2019-09-22 11:55|| Front Page Top

#6 BTW Lucent's old HQ is starting to have it's parking lot reclaimed by Nature. The HQ is all glass. I wouldn't want to pay it's electric bill...

Posted by 3dc 2019-09-22 12:01|| 2019-09-22 12:01|| Front Page Top

or this empty Lucent building.

Posted by 3dc 2019-09-22 12:03|| 2019-09-22 12:03|| Front Page Top

#8 You want affordable housing but you don't want a slump in the housing market. You can't have it both ways. Take your pick. It's one or the other.

Posted by Abu Uluque 2019-09-22 14:16|| 2019-09-22 14:16|| Front Page Top

23:22 Whiskey Mike
23:11 Lex
22:50 Dale
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22:12 ruprecht
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20:30 charger
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19:41 European Conservative
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18:55 European Conservative
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18:40 Procopius2k
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18:32 The peanut gallery
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