Right now? Yes. When the Illinois pension crisis really hits? No way. It will be like a collapsing soap bubble as current budgets are eaten alive by the long deferred obligations and declining services progressively force out those who are not too poor to move. Even now legacy pension costs are accounting for 25% of the tax revenue being brought in by many locales.

There is a reason that Illinois municipal bonds are the lowest rated if any state.

https://www.forbes.com/sites/ebauer/.../#23ee1f1e3b2b