Word: ownerships
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Dates: during 2000-2009
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...than those they left. For the relocations have come amid the worst affordable-housing crunch in recent memory. During the economic boom of the 1990s, as middle-class buyers purchased condominiums at a record pace, Chicago lost about 52,000 rental units. As more properties were converted to private ownership, the rates for remaining rentals climbed, pricing out people at the lower end of the market and pushing them into marginal neighborhoods. Last year the average rent for a two-bedroom apartment reached $776 a month, beyond the budget of any family earning less than $28,000 annually. For Cabrini...
...Rochelle's hotels, restaurants, car-rental agencies and other businesses. One reason that Buzz launched the route was the popularity of the sailing and fishing center for Britons buying or renting property. "We started flying to places where we know that there is a lot of holiday ownership," says Adam Harris, Buzz's director of sales and marketing. The local effect has been "radical" according to Juin. "A few weeks ago an English colleague and I were in a restaurant on the Ile de Ré that was full of English speakers," he recalls. "I joked with him that...
...about 75% of Hong Kong Disneyland's customers in its first few years. Hong Kong has a big investment to recoup: the city agreed to pay $2.9 billion toward the park's construction. Disney chipped in a mere $314 million, for which the company will get a hefty 43% ownership stake along with management fees...
...typical,” said Sung, explaining that such an investment would have required filing legally required SEC forms disclosing ownership...
Lawsuits over "digital rights" have swelled court dockets as artists and publishers disagree over who controls a new medium when an old contract is silent. Since the advent of film and then TV, each technological advance has caused a scramble to define ownership. But the issue has taken on heightened importance as new venues for copyrighted works increase the potential revenue from popular characters and stories. Characters can now be franchised from a book to a film and could eventually exist continuously on television, video, DVD and the Internet...