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Grand Prize Winner, Dumbest Moment of 2005
Bubble Trouble"If you grew up in Danvers, and you remember it as the spooky place on the hill, it might not be the right place to live." William McLaughlin, an executive with AvalonBay Communities, which is converting boarded-up Massachusetts mental institution Danvers State Hospital into a 497-unit complex of high-end apartments and condos. That sound you hear? Not the ghosts of mental patients, but loud hissing from the wildly inflated housing bubble. |
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