Word: mortgagees
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Dates: during 1980-1989
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Between 1959 and 1969, Derold Happel and his wife Brenda rented up to 300 acres of fertile farmland in Iowa's Benton County, northeast of Des Moines. They longed for land of their own, but they had no assets they could mortgage to get a big enough loan from...
Schultze was surprised at Reagan's apparent decision not to press for changes in the way entitlement programs are "indexed," or adjusted to compensate for the impact of inflation. Many Government benefits, including Social Security payments and civil service pensions, rise automatically in tandem with the Consumer Price Index...
Gays are oppressed. The early life of every gay is filled with taunts of "fag" and "queer." These teach him to hate what he is. They make admission of his homosexuality to himself a crushing blow. The gay with enough courage to step out of his closet is also oppressed...
But, by and large, the incoming Republicans do not seem to mind. At least ten Reagan Cabinet members are millionaires, accustomed to six-figure price tags if not 16% mortgage rates.
Washington is a boom town whenever Administrations change, and this turnover is injecting new life into a real estate market that was beginning to sag after years of tight mortgage money and soaring prices. As soon as Reagan was elected, home prices began to rise. One three-bedroom condominium that...