Word: amounting
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Dates: during 2000-2009
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...June, the number of new houses being built unexpectedly jumped from the month before. The Census Department recently reported that June also showed an increase - a small increase, but one nonetheless - in the amount of money going toward residential construction. Housing permits, which also speak to builder confidence, are creeping up too. As an Aug. 10 report from Oppenheimer Asset Management put it, "this part of the housing market appears to be finding its footing." (See pictures of a modernist house...
...seen an uptick in the number of people buying houses - both existing homes and new ones. But still, according to the Oppenheimer report, "the demand side of the equation is less than impressive." Nearly a third of existing-home sales are currently to first-time homebuyers - a wildly disproportionate amount. What happens to those buyers once the $8,000 first-time homebuyer tax credit evaporates at the end of this year? Even with home prices a steal in many parts of the country, whether demand will hold up - especially with the countervailing force of tighter credit - is a real question...
ANDOVER, Mass. — For the past month and a half, I have taught at the summer session of Phillips Academy. Although working close to home in this sylvan corner of northern Massachusetts was a joy to me, I have to admit a certain amount of moral struggle that I faced as a faculty member of an institution whose students condescendingly referred to me as a “local” while I grew up in neighboring North Andover. Now, at the end of the summer, I have seen the other side of the campus?...
...there ever a thought of giving these families more money? $200 is a good amount of cash these days, but it's not a HUGE amount of cash...
...point is that this is an exceptional time, when we are hit by a very severe recession and just when the needs are the greatest, the amount of money available from traditional sources has been decimated by the financial crisis. Therefore those who are in a better position ought to do more than they normally do. So I continue all the programs of the Open Society Institute. This is additional, and it's something I would not do unless we were in such an exceptional situation. Hopefully it won't be necessary to do it again. (Read "The Case...