Posted Feb 6, 2008, 5:23 PM
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Registered User
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Join Date: Mar 2007
Location: San Gabriel Valley
Posts: 8,099
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Quote:
Originally Posted by ThreeHundred
People also seem to forget that downtown has plenty of building conversions going on. The Roosevelt, The Chapman, The Brookman, TENTEN, among others. It really isn't smart business to have lots of ground up construction going on at the same time when you have all these perfectly fine and beautiful early 1900 gems all over downtown. I think that this downturn in the economy is a sort of test to see how strong downtown LA's housing market is and aside from a few ripples (the delays of LA Central, Grand Ave, Park Fifth, the unknown status of The Glass Tower), I think downtown will pass.
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A test? Where did you get that from?
An economy must always be ready for slowed growth or even contraction.
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Revelation 21:4
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