Wednesday, March 06, 2019

Biggest developments in Chicago | Chicago development

Biggest developments in Chicago | Chicago development

Chicago has a bunch of huge downtown residential towers going up, with high-end condo units. The bottom end of the condo market is being devoured by investors who are turning them into apartment buildings using Section 15 of the Illinois Condominium Property Act. They get 75% of the ownership interests on their side, and sell the building.

Bill would give HOA’s taxing authority - Mississippi Center for Public Policy

Bill would give HOA’s taxing authority - Mississippi Center for Public Policy

I wonder if these people have thought this through. If they have taxing authority, then aren't they state actors, which triggers all sorts of statutory and constitutional obligations that HOAs don't want to assume?

‘No HOA’: Man makes entire house pink, says neighbors can’t do anything about it

‘No HOA’: Man makes entire house pink, says neighbors can’t do anything about it

Definitely a guy who shouldn't live in an HOA. And Exhibit A for why some people do want to live in HOAs.