Word: condos
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...also gets much credit for the city's dramatic downtown revival, with its emphasis on flower planting and condo development. The 2005 opening of the $500 million Millennium Park - exorbitant cost overruns notwithstanding - has been a crowning achievement. His latest endeavor is to imprint the sparkling urban visage on the rest of the world: Daley is currently consumed with luring the 2016 summer Olympic Games to Chicago, and he's already traveled to Beijing, Athens and Barcelona for insights on how those host cities fared...
They're divided into two camps. There are the gringos who go down there and live in gated communities or in condo complexes. They don't mingle as much. In our village, we live with our Mexican neighbors. My first next-door neighbor was a construction worker, and there were chickens running up and down the dirt road. By the way, chickens gobble down scorpions, so that makes them really good neighbors...
...sell your big home for $600,000 and immediately buy a condo for $300,000, and housing prices drop 10% over the next 12 months, as some economists forecast. In the condo, you would lose just $30,000 on paper; in the house, you would lose $60,000. The condo savings, however, don't include expenses, which you incur whenever you move...
...strewn streets. Blue's shop was looking shabby too, its window displays outmoded, its linoleum worn. But when the City of Los Angeles moved to condemn his building--not to build a school or a fire station but to make way for a glitzy $500 million private hotel and condo complex--Blue dug in for what would become a three-year legal fight to save his store. "Big developers come along and say, 'Hey, that's a nice corner,'" he fumes. "Where will it stop...
...they could blow up my house. I thought of telling the sergeant that the address on the license was for an old apartment, which, last I heard, was being turned into luxury condominiums I couldn't afford. What did I care if some rich Washington developer lost a condo unit under construction? But it was the wrong time for jokes. The day before, as we had goofed around in the Green Zone, 11 service members died violent deaths in Iraq. Six of the lost soldiers were killed in the Baghdad area. It was one of the highest daily body counts...