Word: affordably
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Dates: during 2000-2009
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...that has risen several decibels since the recession hit and blew out most of the advertising that the news industry relies on. As newspaper after magazine folds or seeks a buyer, pro-payment advocates are affirming ever more urgently that content is expensive to produce and they can't afford to keep giving it away on the Web. The free agents counter that Web publishing is based on getting traffic - the so-called link economy - and pay walls stop that dead. Customers also claim they won't pay. (See how to save your town's newspaper...
After 35 years in the mortgage industry, Tom Birch took a job as a housing counselor at Boise's Neighborhood Housing Services this past winter. He spends his days meeting with people who can no longer afford their mortgage payments. It has been tough going. More than most, Birch appreciates that mortgage companies were not prepared to handle the number of cases they have seen. He also understands, again probably more than most, that foreclosure is, in certain circumstances, the right outcome...
Which goes to show that for all the glimmers of hope in housing, there is still a long slog ahead. Because fundamentally, what a rational housing market means is that people can afford the homes they have and move to bigger ones only once they have decent and growing paychecks...
...other words, until the economy returns to full strength, neither will housing. For years, Americans acted as though one didn't have anything to do with the other: buying a house wasn't really about whether or not you could afford it. Buy and flip; refinance in between if necessary. Now that housing is working its way back to being logical, there's only one way to build value in houses. The right...
...Gault refuses to give in and offers this Hail Mary: "Is there a box for that watch? If not, can you shave something off?" The result: no box, a 10% discount and a reminder to always make sure no fixin's are missing. Since retailers can't afford to lose you these days, no demand is too peculiar...