Mayor's tenants rights ordinance is attempt to sway voters

Mayor Brandon Johnson's so-called Protecting Renters Ordinance is a cynical effort to garner votes among those who are ignorant of economic realities. Without a doubt, Chicago is experiencing a deplorable lack of affordable housing. But this proposed ordinance will increase the operating costs to large and small landlords alike without having any impact on the supply of new rental units. It is economically naive to believe that landlords will just absorb the substantial legal and relocation…