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Despite the Housing Slump, Condo Developers Still Flock to the Ritzy City

Beverly Hills. "That's where I want to be," goes Weezer's pop classic. All around the city, ultraluxury condo complexes are sprouting up in an outward show of confidence from investors who have seemingly ignored forecasts that the high-end property market will slow to a crawl. Opinions on whether their confidence is built on foundations of stone or sand depends on which expert, developer or Realtor is doing the talking. "The talk is of a United States on sale, but the truth is that it... Full Story
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