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The Middle Class Is Shrinking Everywhere — In Chicago It’s Almost Gone

Half of Chicago’s census tracts were considered middle income in 1970. Today, that’s down to 16 percent. ...

...Smith looks to housing. She suggests developers should be required to include higher percentages of affordable housing in their projects. She wants public housing for middle-income people, not just the poor.

[wbez.org]

nicestuff 7 Apr 26
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The term "affordable" depends on who is saying it. In my little slice of heaven a recent mixed use project was completed in the middle of the older section of down town. 58 apartments above small businesses. The state kicked in some money so 20% of the apartments were designated as "affordable". At a meeting I asked the promoters of the building, "If 20% of the apartments are "affordable" what are the rest? (asking if they were by definition not "affordable" ), They didn't understand the question. When I explained they said, "Oh the rest are "market rate" which I took as a euphemism for unaffordable. (Note: The target renters were the people who worked in the small businesses in the area surrounding the apartment building - mostly for minimum wage). Another example of fun with words.

ArthurK Level 6 Apr 26, 2021
4

We need that here, too many300k plus houses being built by greedy developers and little affordable housing . Farms being dug up for development

bobwjr Level 10 Apr 26, 2021
6

Minimum wage has been kept low in order to keep everyone’s pay low. It’s wage theft by the corporations and rich.

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