Word: pasts
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Dates: during 2000-2009
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...none of that means rent-backs won't eventually take off. There are plenty of examples in the recent past of housing policies starting at the federal housing agencies and later expanding industry-wide thanks to strong-arming from some combination of the Obama Administration and Congress. Loan modifications are the quintessential example. Perhaps one more relevant bit here is the law that was passed earlier this year requiring banks that repossess houses to honor the terms of existing leases (i.e., to not immediately kick out any existing renters). Fannie Mae already had such a policy in place. Over...
...modifications aren't the long-term success the Administration is banking on, people will wind up losing their homes to foreclosure anyway, and the number of repossessed properties owned by banks will again swell. According to foreclosure tracker RealtyTrac, the number of foreclosure notices nationwide has been ticking down past three months, but the number of notices are still running about 19% higher than last year. Considering high unemployment and how many people still owe more on their mortgages than their houses are worth, there might be a chance yet for attention to turn to the idea of renting houses...
...point of “Rock Band” may be to let you reach stardom in your sweatpants, but count on Harvard to do what it does best: make this brutally competitive. This past Saturday, many hopefuls who came out to the Harvard College Interactive Media Group’s (HCIMG) Battle of the Rock Bands found out that even virtual success is tough...
...researchers found that shoplifting - or what's euphemistically known as product "shrinkage" - jumped 5.9% in the past year at the more than 1,000 retail chains the group surveyed globally. In previous years, the increase hovered at 1.5% annually. Though the problem was documented across all regions, the steepest increases occurred in North America (8.1%), the Middle East (7.5%) and Europe (4.7%). In terms of total losses, retailers in North America topped the charts at $46 billion, followed by Europe's $44 billion and $17.9 billion in the Asia-Pacific region. In North America and Latin America, store owners...
...absorb a cost, they pass it along to their clients in some form or another. Retailers make up the money lost to shoplifting by marking up the prices of their goods. According to the Center for Retail Research, this ended up costing each U.S. household $436 in the past year and each European household $250. So much for a victimless crime...