Let me try to carry on with this topic. Property taxes. Overall, the population is getting older. I can't see the majority of retired real estate owners staying in Chicago. Imagine living in a low 5 firure fixed income?
Even, if the mortgage is paid out. These property taxes will devour up your retirement savings. Unless, the owner wants to work at a job like a walmart greeter to help pay those taxes. this is not fair, to leave the elderly in that type of situation.
If this abuse continues, moving out of IL.
Living in retirement somewhere else will be a trend.
popcur 2 years ago
Let me try to carry on with this topic. Property taxes. Overall, the population is getting older. I can't see the majority of retired real estate owners staying in Chicago. Imagine living in a low 5 firure fixed income?
Even, if the mortgage is paid out. These property taxes will devour up your retirement savings. Unless, the owner wants to work at a job like a walmart greeter to help pay those taxes. this is not fair, to leave the elderly in that type of situation.
popcur 2 years ago