Word: drops
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Dates: during 2000-2009
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...worth paying, many people would probably say that one that helps build a foundation under the value of their own homes is high on the list. The process may create an atmosphere that looks and feels like socialism, but if the net effect is that the drop in housing prices is reversed in short order, even free-market advocates may tolerate this plan rather than watch the world burn...
...This program has powerful underlying economic logic, even though it might initially seem to be the creation of lunatics. When a home goes into foreclosure, it lowers the value of all the nearby homes. The sharp drop in home prices over the past two years has, as a root cause, the abandonment of properties, which adds to housing supply in a disorderly manner. After a foreclosure, a house is not sold based on economic logic but on the desire of banks to stay out of the business of owning residences. The National Association of Realtors said the average value...
...perverse historical chance dropped the holiday of elegant evening dates down on the part of the calendar worst suited for it. Erratic mountains of ice and curbsides which drop off into unfriendly black abysses make walking anywhere in February a chore. Add in impractical shoes, uncomfortable clothes, and high expectations, and the chore can become catastrophe...
...What should they talk about? The big-ticket topics are clear enough. The U.S. wants Iran to drop its nuclear program and to stop backing radical groups like Hamas and Hizballah. Iran insists on its right to a nuclear-energy program and wants an end to economic and financial sanctions, as well as guarantees that the U.S. will not seek regime change in Tehran...
...time, Oct. 13, 1989, was the second largest drop of the Dow in history. Nicknamed the Friday-the-13th mini-crash, these days it's not even in the top 10. That might be the scariest fact...