^ I first of all don't agree with the whole idea of various demolition fees at various sites of the city.
But this being Chicago and with leaders trying to have as many political "tools" at their disposal as they can, I would say that this is effectively a tax on gentrification in order to create subsidized housing.
It is the Alderman's admission that there is probably nothing he can do to stop gentrification, so we might as well shake um down a tad so I can show my voters that I'm doing something about it.
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