Dominic Adducci's blog

Opposed to Homewood home rule initiative

Viewpoint: 

The commentary below represents the ideas, observations and opinions of the author.

Homewood is already overtaxed and is heading towards a definitive and recognized pattern of downward spiral. Property values in Homewood are still at a fraction of what they were before the real estate market crash of 2007. Values in Homewood and other south suburbs have not recovered, while many other areas in Chicagoland have not only regained losses, but have surpassed values of the early 2000s. A quick glance at the Cook County delinquent real estate tax list reveals the massive extent of the problem in our community.
 

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