Saturday, January 29, 2011

4,000 Evanston Students Ready for Revolution

Northwestern University in the middle of Evanston housing controversy.
4,000 + Evanston students have signed a petition against the city's discriminatory law restricting all Evanston housing to no more than 3 unrelated persons.  A clear blow against the student body, who relies on shared housing for affordable, close to campus housing. 

The petition, a revolt against the city's comments in November of 2010 that it plan to plans to increase scrutiny of overcrowded and illegally altered rental housing. 

The students argue that the law would force them into housing further off campus, resulting in unsafe conditions for those students affected. Also, the law is a discriminatory law that has nothing to do with safety.  The law does not take into account the size of the units in question.  Technically, under the law, a 5 bedroom house is not suitable for 4 unrelated residents, however that same 5 bedroom house IS suitable for 8 related residents.  It is clearly an attack towards the students, and drastically affects the value of the residences in question.  

If a property owner owns a 5 bedroom residence, he shall NOT be able to make use of the room for it's best practical use according to the city, thereby lowering the overall value of his own property.  Therefore, in addition to being an attack against students, this is also an indirect attack to ALL Evanston property owners.  The resulting decreases in value will affect every Evanston property owner.

I applaud the students' efforts to keep the city from putting the students and property owners in harms way, and I will stand beside them in their fight.

Dick Barr of Goldtree Realty is a licensed Broker and has been an REO/Foreclosure specialist  in the Chicagoland area since 2004 as well as a member of the North Shore - Barrington Government and Political Issues Committee. In addition to specializing in foreclosures throughout the Chicagoland area, Dick has also purchased for investor clients properties all over the midwest, in cities such as Milwaukee, WI; South Bend, IN; Cincinnati, OH; Indianapolis, IN; Memphis, TN; Kansas City, MO and others.

If you would like more information about the foreclosure buying process, you may contact Dick at his office in Skokie, IL at 847-674-4445.  You can also visit him on the web at www.ForecloseChicago.com, or you can email him at DickBarr@ForecloseChicago.com.  Dick has a team of agents who are ready, willing and able to help you with your home buying or real estate investment needs.

No comments:

Post a Comment