Tuesday, May 29, 2007

Luxury Condos

From the Associated Press

BOSTON - Economics researchers at Harvard University have determined that by the year 2013 luxury condominiums will occupy two-thirds of the continental United States and one hundred percent of all land that lay within 24 miles of any large body of water.

"Sixty-six percent of Americans will literally live in luxury," said James Dunnfield, head of the Harvard Immobile Assets Research Group. "The remaining thirty-three percent of Americans will dwell in homes that are somewhere between run-down and squalid. Many of them will be in southern Indiana and eastern Arkansas."

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