Word: cars
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Dates: during 1980-1989
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...Championship in London. Instead of Boardwalk, players will land on Arbat, a pedestrian mall in Moscow where Ronald Reagan and Mikhail Gorbachev strolled during the May summit. All references to stocks, which are not sold in the Soviet Union, have been changed to bonds. But the familiar tokens -- the car, the dog, even the plutocrat's top hat -- remain the same, although a Russian bear will be added. Who knows? Another October Revolution may break out when Soviet citizens discover the joys of passing Go and collecting 200 rubles...
Look, for example, at the jarring similarities in two family purchases: Bob Forrester's first house, in 1957, and his daughter Peggy's first new car...
...house, Peggy's car. Though the gulf in buying power is already startlingly wide, it grows wider with time...
...sold that house in 1973 for $46,250, nearly five times what he paid for it. He then borrowed $24,000 and built a house that is now worth $300,000. Peggy still does not own a house; her car is now worth...
...afford to move out," she says. She makes about $300 a week after taxes. (The withholding includes $32 a week in Social Security tax that will help pay for father Bob's retirement, a curious transfer of income.) Roughly two-thirds of that goes to rent, household and car expenses. She is unable to afford a private phone. With a median-price house in the area now at $188,000, she does not dream of owning...