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...that value--as measured by what the property would rent for--hasn't been going up anything like the 20% or 30% or 40% a year that some houses have appreciated recently. If the price of, say, onions goes up 40%, more onions will soon flood the market. The extra money people pay will go to the production of onions. This happens in the housing market only to a tiny extent. Most houses that change hands each year were built long ago. When they are sold for a higher price, the money goes into the pockets of the previous owners...

Author: /time Magazine | Title: Your House Is Worth Less? Good | 8/23/2007 | See Source »

...Could the miners possibly be alive? "It's feasible," says Carol Raulston, of the National Mine Association. There could be pockets of air for them to breathe. Beyond that, she says, "there's water in the mine, and people have been known to survive this long without extra food." Indeed, every time a major earthquake levels a city, rescuers always seem to pull one last victim out of the rubble long after any reasonable hope was gone...

Author: /time Magazine | Title: How a Mining Rescue Went Wrong | 8/17/2007 | See Source »

...best approach is a cold Dickensian bed. But Einstein's experience does suggest a middle course between moving to Reno for an élite new school and striking out alone at age 15. Currently, gifted programs too often admit marginal, hardworking kids and then mostly assign field trips and extra essays, not truly accelerated course work pegged to a student's abilities. Ideally, school systems should strive to keep their most talented students through a combination of grade skipping and other approaches (dual enrollment in community colleges, telescoping classwork without grade skipping) that ensure they won't drop...

Author: /time Magazine | Title: Are We Failing Our Geniuses? | 8/16/2007 | See Source »

...TIME's interview with the tennis star continues on Time.com. Read these extra questions with Rafael Nadal...

Author: /time Magazine | Title: 10 Questions for Rafael Nadal | 8/15/2007 | See Source »

...QUESTIONS LINKS Read the extra questions with Raphael Nadal Get the 10 Questions podcast on iTunes Find more interviews on the 10 Questions page Add 10 Questions to your RSS feeds

Author: /time Magazine | Title: 10 Questions for Rafael Nadal | 8/15/2007 | See Source »

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