Word: boomlet
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...investments with pulling Hawaii out of a long real estate slump. Since Japanese real estate investors tend to buy for the long haul, many industry experts believe they will make excellent landlords, committed to maintaining the value of their properties. Other U.S. business executives simply view the real estate boomlet as a harmless way to handle America's lopsided balance of payments with Japan by in effect trading high-rises and land for VCRs and cars. After all, the literal translation of fudosan, the Japanese word for real estate, is "nonmoving assets." That seems like a fair description of Manhattan...
This year will be the last chance for consumers to deduct local sales taxes. Sellers of such big-ticket items as autos, appliances and jewelry are likely to enjoy a boomlet as consumers hurry to buy before January. Scott Rielly, 28, a Framingham, Mass., real estate appraiser with a wife and two children, spent $14,000 last month on two new cars -- a Hyundai and a Mitsubishi -- at least partly so that he could write off the $700 sales tax. Rita and Dan Houlihan, a Chicago couple, have the same strategy in mind because of 8% state and city sales...
...ambiguities of the Ring, however, are what make it so irresistible, and lately there has been something of a Ring boomlet in America. The San Francisco Opera unveiled its splendid Ring last summer; the Dallas Opera has produced all four segments in the past five years; there is a production under way at Artpark in Lewiston, N.Y. Next month the Metropolitan Opera begins its new Ring with the second opera in the cycle, Die Walkure. Yet for sheer audaciousness, none of these companies are likely to rival the Seattle Opera, which opened a new Ring last week to an invigorating...
...Four's boomlet, though, could be followed by a bust. The cut-rate financing applies only to 1985-model cars. When the incentives expire at the end of September, dealers will face the more difficult task of selling 1986- model autos without attractive financing. In the midst of a sluggish economy and rising Japanese competition, that will be a very grueling demolition derby indeed...
...total fertility rate declined from 3.7 births per woman in 1960 to 2.5 in 1970, and has wavered between 1.7 and 1.9 since 1976. The years from 1965 to 1976 are often called "the baby bust." While there was something of a "baby boomlet" in the late 1970s, it was due mainly to the enormous increase in women of childbearing...