Word: booming
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...Even though home ownership peaked during the boom, landlords didn't suffer, nor did renters benefit. Why? So many buildings were going condo, the apartment stock actually fell...
THAT A REAL ESTATE BUST MIGHT LAND US IN a recession is in a way fitting because it was a real estate boom that kept the last recession, in 2001, so brief and shallow. Trying to stave off deflation in the wake of the stock-market crash, Alan Greenspan's Federal Reserve cut the short-term interest rates that determine what homeowners pay on adjustable-rate mortgages. Meanwhile, investors desperate for someplace other than the stock market to put their money piled into mortgage securities, driving down the cost of fixed-rate loans. Housing markets, already doing well amid...
...hear a lot about Harvard’s sustainability principles and “green” building practices, but we don’t see much green in the soot and dust released into the air we breathe during Harvard’s building boom. When Harvard’s construction makes it more difficult to walk or bicycle in our neighborhood and road closures clog our streets, our environment suffers in yet another...
...money they have to spend, it seems certain that any quibbles over the Weinsteins' cultural sensitivities will be drowned out by the gushing welcomes of Asian filmmakers. John Chong, the CEO of Hong Kong's Media Asia, one of the largest Chinese film studios, foresees something of a boom. "If they're successful very quickly," he predicts, "maybe more independent film producers will be coming into the China market and the Asia market." It wouldn't be the first time that the Weinsteins have blazed a trail...
...there are over 30 nationalities in that school alone," the mayor says. Portlaoise is hardly unique. In the past five years, hundreds of thousands of foreigners have come to Ireland, creating the country's fastest population increase on record. Immigrants have been drawn mostly by Ireland's Celtic Tiger boom through the '90s, strong employment and E.U. expansion that eased migration from Eastern Europe...