Word: coste
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Dates: during 2000-2009
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...figure out which is better now, start with the fact that in the long run, the costs of owning and renting stay in fairly steady proportion. Economists call this the price-to-rent ratio - take the average cost of buying a house and divide it by what you'd pay in rent in a year. The analysis shop Economy.com calculates that since 1986, the price-to-rent ratio for U.S. cities has averaged 16.5. In other words, the price of a house is the same as what you'd pay to rent it over 16.5 years...
...late 2001, this ratio began to climb, and by 2003, it was soaring along with home prices, hitting 24.7 in 2005. In those days, you could get 24.7 years in a rental for the cost of a house. That was right about when Choe decided that renting looked like a steal...
...another example take, well, Dean Baker. He and his wife sold their condo in Washington in the spring of 2004 and started renting. The cost of a house relative to a typical apartment rent had doubled in four years - you didn't have to be an economist to notice. That spread has narrowed substantially, but by Baker's calculations, there's more to go. Yet that didn't stop him from buying a couple of months ago. "We got an interest rate at the absolute bottom," he says, "and we wanted outdoor space...
...death panel behind huge wooden desks in a big empty room like the audition scene in Flashdance. I know this will make it hard for the sickest people to attend, and that will make my first cut much easier. I will green-light medical intervention on four criteria: cost, likelihood of success, years of life saved and a person's awesomeness. For example, we'd all shell out to keep Justin Timberlake going for another 50 years, but we probably wouldn't kick in much to spot Michael Vick an extra four months. And we can all agree that...
...name death panel, we will handle all forms of medicine, including plastic surgery. Michelle Pfeiffer and Demi Moore, yes; Joan Rivers, no. And while there will be a lot fewer MRIs covered, hair-waxing will be free. We will be able to afford that because much of the cost of health care will be offset by selling the television rights to our panel. If ratings lag, I am fully prepared to appoint Paula Abdul, although I'm aware that this might raise our prescription-drug costs. (See pictures of facial yoga...