Rich Chicago residents are losing their shirts on real estate, says WSJ.

“So it came as no surprise when Griffin, after selling a portion of his Chicago penthouse for a dramatic 44% loss last month, was quick to take a shot at Pritzker, blaming “failed political leadership in Illinois” for rising crime and declining luxury real-estate values in the Windy City. The saga took a bizarre turn, however, when the mystery buyer of Griffin’s 9 West Walton Street penthouse turned out to be none other than Pritzker himself.” Additional fun fact: one of our esteemed readers was quoted in this WSJ article! ~ learn more