Word: afforded
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...Slowing foreclosure rates by cutting the monthly interest rates of homeowners who could not otherwise afford their mortgages may actually string out the amount of time it takes for housing prices to reach a nadir and swing up again. A homeowner with a $300,000 mortgage on a house which is worth only $200,000 will keep that house off the market if at all possible, to avoid having to come up with $100,000 to subsidize a sale. That house sits in limbo while the government makes the monthly mortgage payment low enough to keep it in the hands...
...Verizon plan works, most of the phone companies in countries including the U.S., much of Europe, and Japan will probably follow with their own super-cheap plans. None of them can afford to lose wired home phones at the rate they are today. The $5 phone may not be as profitable as old landline products, but it is better than nothing...
...their competitors to grow fewer crops, thereby lowering surpluses. But these policies raised food prices at the very moment they needed to drop. For instance, the government orchestrated the death of six million piglets to support pork prices—at a time when the urban poor could not afford bacon...
...musicians, the debate over what defines the Stradivarius sound and the underlying causes for this uniqueness may soon be academic, as private collectors drive the price beyond their reach. "The era when musicians could afford their own Strad is coming to an end," Ehnes says. The concert violinist Cho-Liang Lin says the Stradivarius he bought for $300,000 25 years ago is probably worth $3 million now. He points to the sale of recently deceased cellist Mstislav Rostropovich's Duport Stradivarius, which trade publications recently put at $20 million. "There's no way even a highly successful young musician...
...Moscow this won't make a difference," explains Vadim Drobiz the director of the Federal and Regional Center of Alcohol Market Research. "Moscow is the only city where people can afford to regularly buy high quality alcohol. But in the regions this will be a big problem." He explains, "In rural Russia 100 rubles for a bottle of vodka is expensive, and they will drink something else, what I don't know." According to Drobiz 45% of the vodka on sale is contraband and retails below 50 rubles ($1.50) for half a liter. "I hope that for their sake villages...