Chicago has 3X the population of Charlotte, yet Charlotte has 3X as many apartment units under construction.
— A.J. Manaseer (@AJManaseer) February 20, 2024
Chicago is already not building many units. Do we think the government confiscating a huge chunk of a developer’s profit (3% of the gross can be 20%+ of the net) will… pic.twitter.com/SJoAf1LFEV