Word: crashing
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Dates: during 2000-2009
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...biggest threat, though, is a crash in the property or stock market. When U.S. property and media tycoon Sam Zell visited India in April, he told local real estate executives that they were "on the brink of excess" and that the boom could end in a bust. Real estate stocks plunged as much as 50% in a general market sell-off last spring, while property prices have fallen 20% or so in some areas in the past six months. Both the government and the Reserve Bank of India are trying to cool the real estate sector without crashing...
Lyndon Johnson was obsessed with his own mortality. "He was always a little bit scared of death," Graham said, and thus wanted a preacher handy--like the time he talked Graham into flying to a convention with him because the weather was so bad, he thought the plane might crash. Having entered office in the shadow of the Kennedy assassination, Johnson was conscious of how a President's death can shatter a country. Long before his Administration collapsed and he announced that he would not seek a second term in 1968, Johnson privately told Graham what he was thinking...
...Hamilton College in New York, administrators are taking the opposite course. Campus administrators are restructuring RA training to focus less on mental health counseling; they say they are recognizing that these students are not professionals and can be overwhelmed by a crash course in How to Be a Shrink 101. Instead, RAs are being trained to refer students in potential danger to trained professionals who are best equipped to assist them. "We used to provide a huge amount of information about mental health and counseling, and our RAs sometimes felt overwhelmed, or like they were counselors themselves," said Travis Hill...
Symonds cited the Western-educated, highly professional management at most companies he visited in the region and noted opportunities particularly in investment management and construction. On the former, Symonds believes that last year's gulf states market crash was overdone, and on the latter, that despite talk of a property bubble, real estate is still extremely cheap by world standards. A penthouse apartment sells for about $350 per sq. ft. (about $3,750 per sq m). Comparable properties in New York City and London sell for about five times that price...
...California?s last real estate collapse. And he's encouraged that activity at the very high end of the L.A. market hasn?t fallen off, that home prices in the county overall continue to rise and that job growth is "pretty good." Still, even he admits that the subprime crash has plunged the entire real estate sector into uncharted territory. "Will it create a flood of foreclosures that drags down values in the rest of the market? So far it hasn't, but at some point, it might...