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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental Properties$15/Hour Illinois minimum wage
Cody Gebhart's profile image
Cody Gebhart's profile image
Cody Gebhart
  • Rental Property Investor
  • from Marion, IL
  • Member since Aug 24, 2016
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Cody Gebhart's profile image
Cody Gebhart's profile image
Cody Gebhart
  • Rental Property Investor
  • from Marion, IL
  • Member since Aug 24, 2016
Connect
Cody Gebhart
  • Rental Property Investor
  • Marion, IL
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3
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General Landlording & Rental Properties

$15/Hour Illinois minimum wage

Cody Gebhart
  • Rental Property Investor
  • Marion, IL
Posted Feb 19 2019, 17:51

Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual increases with normal inflation of 2% yearly?

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