09/25/19: Chicago Leads The Way By This Measure—And It's Not Good
The share of homeowners here who owe more on their mortgages than their homes are worth is more than twice the national average. Crain's residential real estate reporter Dennis Rodkin tells what that underwater rate means for the Chicago-area market. Plus: The parent of Arby's, Sonic and Buffalo Wild Wings is buying sandwich chain Jimmy John's; Comscore, the media-measurement firm with Chicago roots, settles fraud charges for $5 million; Taiwan plans to buy $2.2 billion in Illinois corn and soybeans; three more banks pump millions into a small-business initiative on the South and West sides, and WeWork loses one CEO but gains two new ones. Find #CrainsDailyGist on Twitter and let's continue the conversation.
