EDITORIAL: Climbing rents, gentrification and affordable housing in Chicago:
Pictured Above: chicago.suntimes.com, A for-rent sign in Chicago. | Tanveer Ali / Sun-Times
No wonder more than half of renters in Chicago and the rest of Cook County are “rent-burdened,” and shell out more than 30 percent of their income for rent. No wonder so many folks fear we’re becoming San Francisco, where the average rent is a jaw-dropping $3,500 a month, and are sounding the alarm about displacement of working-class folks and insisting Chicago needs rent control to stop it.