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That's true not just in Florida but the entire country. A lack of affordable homes helped spawn the economic crisis in the first place. The past two Presidents made growing homeownership rates a core goal, but to achieve that, they allowed overly loose lending standards. That caused a spike...

Author: /time Magazine | Title: Despite the Crash in Prices, Affordable Housing Still Lacking | 2/25/2009 | See Source »

Which is why Florida's plundering of its affordable-housing reserves looks so ill-advised to many observers. The move could nix some 50 low-income projects slated to be built on the peninsula this year. And it seems particularly unwise when you consider that construction is one of the...

Author: /time Magazine | Title: Despite the Crash in Prices, Affordable Housing Still Lacking | 2/25/2009 | See Source »

In the seven-plus years that the crime has languished unsolved, the 2001 murder of Chandra Levy, a 24-year-old intern in the Federal Bureau of Prisons, has become Washington, D.C.'s best-known cold case. But the trail heated up this week, with Levy's parents and law...

Author: /time Magazine | Title: The Chandra Levy Case | 2/25/2009 | See Source »

End the day with a sunset stroll along the promenade on the Pacific to see Panama both old (Las Bovedas, a 17th century Spanish fort) and new (Frank Gehry's Museum of Biodiversity, which is still under construction but rising rapidly) before heading to the recently opened Pony Club (www.limoncillo.com...

Author: /time Magazine | Title: Colonial Revival in Panama City's Casco Viejo | 2/25/2009 | See Source »

Prenzlauer Berg has gone from being one of the cheapest neighborhoods in Berlin to one of the most expensive, with rents increasing tenfold. At the weekly Saturday farmers market on Kollwitzplatz Square, a stand offers currywurst (sausage with curry sauce), a local specialty, with 22-karat gold leaf and a...

Author: /time Magazine | Title: In Berlin, a Gentrifying Neighborhood Under Siege | 2/25/2009 | See Source »

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