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...more than Venice can claim. It was a peaceful place for old people - Cape Coma, folks called it, until about five years ago, when the gold rush began. College kids were waiting tables to buy condos and flip them; speculators got into bidding wars on unbuilt houses; the price would triple just in the time it took to build. Numbers made no sense; people got drunk and reckless. And then they got crushed. Cape Coral-Fort Myers, once the third fastest growing metro area in the country, last year became the foreclosure capital of America...

Author: /time Magazine | Title: The Hope in America's Foreclosure Capital | 4/2/2009 | See Source »

...shining; how clear is your vision? Gina, a special-ed teacher, and her husband Kurt, a contractor, have already missed out on two houses because they didn't bid fast enough. "Now it's every man for himself," Kurt says. "You have to play fair, put in a decent price." And then, just maybe, there will be rewards for the patient and prudent. "Someone else's loss," he says, "is another's blessing...

Author: /time Magazine | Title: The Hope in America's Foreclosure Capital | 4/2/2009 | See Source »

...wouldn't mind saving thousands and leisure travelers who will pay a little more to get 20-in. (50 cm) seats and tons of legroom and not share space with wailing babies and tour groups. For road warriors, this concept is a no-brainer. "It was a third the price and at least three times the experience, an inverse proportion," notes Mary Egan of the Boston Consulting Group (BCG), a recent OpenSkies passenger to Amsterdam...

Author: /time Magazine | Title: Open Skies Tries to Get Lift | 4/2/2009 | See Source »

...targeting that segment has failed before, notably in London. Indeed, BA and American Airlines used price-cutting and other tactics to help shoot down three business-class-only carriers. Nor will the incumbents in Amsterdam fail to react. KLM and Northwest have already slashed business-class fares...

Author: /time Magazine | Title: Open Skies Tries to Get Lift | 4/2/2009 | See Source »

...formal plan included shuttles between Lev and the Hub, an ultra-elegant food spread, and, of course, a jaw-dropping view of the Boston skyline. The catch? The Hub formal ticket price was set to cost $30, twice as much as an in-house formal. Not to mention, there would be no open bar…yikes...

Author: By Julia S Chen | Title: Bottom of the Formal Planning Barrel | 4/2/2009 | See Source »

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