Rather than a condo boom, I've more often heard it referred to as "teardown madness".
Here is an interesting posting on the subject from the 24/7 North of Howard Watchers
"So lenders are facing bankruptcy due to what some consider greed or poor judgement. Owners are facing foreclosure from a mixture of financial ignorance and/or living beyond their means. So what support is there for those left to face other peoples often sad realities"? ... Read more here.
Tags: 24/7 North of Howard Watchers, condo boom, demolition eyesore, financial ignorance, foreclosure, poor judgement, Rogers Park, teardown
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