Saturday, December 29, 2007

Post-service economy: Condoconomy!

Imagine my shock when I returned to visit my hometown, Chicago, over Labor Day, 2006.  Specifically, this:


And this:
My former home, the glorious Chicago Loop, was transforming into a California condo village!  Trump knocked down the old Sun-Times building a block from where I lived and was putting up a super-condo-scraper.  Buildings that used to house productive service businesses were becoming overpriced, non-productive housing.  You could see the balconies hanging out over Washington St downtown.  It was disgraceful.  Now I hear that Delicatessen Meyer in Lincoln Square is gone ... for condos.  I feel ill.

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