Not really. Illinois is in a ghastly state of dire financial straights. That entire state is on the verge of bankruptcy and people are fleeing IL en masse. The problem is that no one wants to buy homes there now and it can be impossible for people to escape the collapse if no one will buy your property. IL has an unfunded pension crisis liability to the tune of over $200 billion and it keeps growing. The US govt might have to bailout the entire state of Illinois in the future because of how horrifically Democrats have run it and how badly IL is a vast, vaaaaast ocean of Democrat corruption. Then you have another state like CT that was once wealthy and is now in shambles because of the way Democrats have run it. Many states have been run into the ground due to ghastly finances from tax and spend to the moon Democrats. |
| New Mexico is the most dependent on fed aid and it's a blue state. |
| People are indeed fleeing blue Illinois en masse to the tune of the most U.S. outmigration for the decade. |
Isn't that just a broader trend? Pensioners in cold climate generally retire south, plus bulk of tech jobs are on the coasts. Chicago still has tons of high-rises being built downtown for UMC and rich yuppies. I think Chicago is still the go-to for college kids from the Midwest - Ohio to Iowa to Minnesota to Dakotas. |
Don't make the mistake of focusing on one or two hot areas and extrapolating everything from it. Illinois is in a bad shape. Chicago metro region is losing people with plummeting housing values in the suburbs, including high end suburbs. A handful of urban neighborhoods becoming chic and popular and bucking the regional trend doesn't change the picture much. |