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Old Posted Jul 10, 2014, 12:30 AM
marothisu marothisu is offline
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Join Date: Dec 2012
Location: Chicago
Posts: 6,883
New luxury apartments and condos continue to be built in Chicago. While job growth or whatever is not as big as other areas, it's obvious that there is a class of people moving into the city with more money or the same people making more money. The fact that a lot of the apartment buildings that are being built actually do lease at least 50% before they even open should say something.

I have a friend who works in sales and told me she notices something in the "air" in Chicago that was not there even 2 or 3 years ago. She said that many of her clients that were afraid to spend on anything just a few years ago are fine again. It's all very interesting, though larger swaths of lower and lower middle class moving out is not necessarily a very great thing either.
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