Now that we have pretty much accepted that our homes are worth less than they used to be, a question comes up: If the value of my home is dropping, will my property tax bill do the same?

Short answer: Not now, not for a few years, and very likely not at all.

For the long answer, it’s important first to grasp...

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Fashion Forward, Eh?
Canada has given us hockey, Michael J. Fox, and now Aritzia (Water Tower Place, 3rd fl.; 312-867-9230, aritzia.com), a trendy shop carrying boutique brands that range from comfy tees ($18) to a double-breasted gray overcoat ($350). The 4,300-square-foot shop is the Vancouver-based brand’s fourth store in the U.S. Brands include BCBG Generation, Citizens of Humanity, Ella Moss, Habitual, Nudie, Talula, Twelfth Street by Cynthia Vincent, and...

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List Price: $2.99 million
Sale Price: $2.88 million
The Property: Gunther Trieb, the new president of the Sears brands Kenmore, Craftsman, and DieHard, has bought this 17-room mansion in the heart of Winnetka. The sale closed August 25th, four days...

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Is Barack Obama the second coming of that other "elitist" Democratic presidential candidate from Illinios, Adlai Stevenson? Read more
A new book on the nation's "boy crisis" hails Wilmette for tackling the problem—though the results remain uncertain. Are boys there really doing better? Read more
For years, Laurence Booth, one of the city's most widely acclaimed architects, championed low-scale buildings and decried "antihuman" high-rises. Now he has designed three towers and has a fourth under construction. Why? "We have to make some huge changes in this country," he says. Read more
He stalks skunks, raccoons, foxes, snakes, and more—any wild varmint that's invaded city or suburb. Got bats in the Attic? Rick Wilberschied is on the case Read more