From State Rep. Barb Wheeler’s weekly newsletter:
Economy – Outmigration from Illinois
Economists continue finding more people leaving Illinois than coming in.
A loaded moving van ready to leave Crystal Lake for the Intermountain West.
In the most recent data released by U-Haul, Illinois ranks 50th in terms of the surplus of cargo vehicles moving out over cargo vehicles moving in.
U-Haul’s numbers closely align to numbers released this week by moving-van service provider Atlas Van Lines, which placed Illinois 48th of the 50 states.
The numbers released this week by U-Haul and Atlas van Lines were anticipated in January 2016 by United Van Lines, which released numbers earlier this year that also placed Illinois 48th of the 50 states in terms of household cargo departures and arrivals.
The stagnant Illinois job picture is treated as much of the cause for this phenomenon. Net migrations affect working families because of the wide variety of Illinois professionalism and areas of workplace expertise, including medicine, accounting, retailing and many other professions and crafts, whose members cannot survive and thrive unless they have a supply of potential customers.
Net cargo-space departures tracked by U-Haul in 2015 appear to be concentrated in Downstate Illinois.
In sharp contrast to Downstate, the equipment lessor states that Chicago is “the No. 5 growth city” it is tracking nationwide, close in status to red-hot destinations such as northern California (Concord, Roseville, Sacramento) and central Texas (Austin, College Station). U-Haul’s competitor Penske Truck Rental has also stated that Chicago is an attractive moving destination at this time.
Agenda 21 in action.
Perfect stack ’em and pack ’em on the rise.
This blog supports the proposition that single issue lobbyst McConchie is not the right guy for the times having no experience with pension management or law and never managed a budget other than possibly his family budget. He is a longtime single issue policy maker in Springfield with nothing to show for his efforts.
McLaughlin is a pension expert who manages both business and municipal budget as President of Barrington Hills. McConchie solution to pension crises is for State to borrow more money. Keep sending unqualified representatives to Springfield and you will see more of the pictures depicted on this blog.
We have an opportunity in the 26th District to elect a candidate with extraordinary knowledge regarding pensions with sensible plan for reform. McConchie’s plan to borrow to save the pensions is a plan for further decay of private sector in this state.
As the Great Exodus from Illinois continues unabated, brought to you by Mad Mikey Madagin and his tax and spend sycophants throughout the state.
I wonder if he is getting campaign contributions from U-Haul, United Van Lines and Two Men And A Truck?
Residents are nothing more than political prisoners of the state.
Thank you for posting Barb’s notes.
She can take some credit for the continued exodus by supporting a tax on pensions.
Sure wish we could have found someone to challenge her in her district!
Maybe next time?
The up-tick to moving into Chicago is due to the ‘bird-feeder’ reputation.
Cindy is spot on.
Agenda 21 calls for depopulation of most of this state.
Thanks Barb for grasping the obvious.
Now what are you going to do about it?
Chicago property tax rates are 2%-2 1/2%.
McHenry County property tax rates are between 3% and 4.6%.
At just over 3% property tax rate, a US median income household cannot qualify for a conventional mortgage loan on a median value home.
That means any home in this county has fifty percent–50%–HALF—the potential home buyers as homes anywhere other than here.
That is the Black Hole effect.
Once that 3.2% threshold (event horizon) is passed, all light gets sucked in.
The only viable force becomes the downward sucking force pushing property values ever lower.
The density breeds more density–excessively high tax rates breed even higher tax rates.