Residents at South Shore high-rise unionize to fight new billing system
Residents of Ogleby Towers on Wednesday morning spoke out about the system that constantly changes their rent, which they say makes it hard to budget.
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Residents of Ogleby Towers on Wednesday morning spoke out about the system that constantly changes their rent, which they say makes it hard to budget.
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
Chicago Mayor Brandon Johnson introduced a new ordinance Monday morning he said will increase protections for the city's renters.
Tenants at a South Shore apartment building said they've noticed their rent fluctuating by hundreds of dollars a month due to a change in how their utility billing system is set up.
More than 200 renters under a Rogers Park landlord are withholding payment and won't agree to major rent hikes amid what they say are unsafe living conditions. So they've called a rent strike.
Some of the residents in Evanston said they have seen their rent increase by $1,000 since the company purchased their buildings three years ago.
City leaders in Markham, Illinois, said the move will help curb the high turnover in neighborhoods. Investors believe it will lead to a bigger issue.
The group says a landlord bought the building in order to make luxury renovations, and will not renew existing tenants' leases.
The study said the unique difficulty finding a place in suburban Chicago was the result of a number of factors, including the growth of hip suburbs, big businesses relocating to the area, and high occupancy rates and slow construction.
The median U.S. rent now hovers around $2,000 a month, consuming a growing chunk of people's paychecks.
Several groups are pushing to let local communities decide if they want rent control.
