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...long term, prices are going to go up. By not acting soon, you risk eventually being priced out of the market altogether. If money is tight, consider buying now and collecting years of rent to defray your costs. Many homes remain too expensive for this plan; the cost of a mortgage, insurance and taxes is higher than the rent the property can realistically generate. But for the first time in years, home prices have slipped enough in some regions for the math to work, including in Destin, Fla.; the Outer Banks of North Carolina; Branson, Mo.; and the Smoky Mountains...

Author: /time Magazine | Title: Home Free | 9/6/2007 | See Source »

Their solution is a three-part safety plan, announced Sept. 5: a federal requirement to make safety testing mandatory; new, industry-wide standards for testing procedures; and certification for independent labs. Keithley says the labs may devise a logo to be stamped on toys indicating that they meet federal standards. Most large companies in the U.S. use both internal and third-party testing, but there is no legal requirement and therefore no uniform method of testing or seal of approval that might restore consumers' trust. For many products, including toys and children's jewelry, the Consumer Product Safety Commission (CPSC...

Author: /time Magazine | Title: This Christmas, A Lump of Lead? | 9/6/2007 | See Source »

...always appeared to me that deeply religious people use their faith to explain away the horrors of human experience. Believing that everything is part of God's master plan affords them the complacency of accepting the most terrible of tragedies. It is with the deepest respect that I read about the struggle of the real Mother Teresa, who, it now appears, had no such crutch. She soldiered on because she was a good and caring human helping her fellow man endure senseless suffering. If there is a God, Teresa is sitting at his side in heaven...

Author: /time Magazine | Title: Inbox: Sep. 17, 2007 | 9/6/2007 | See Source »

...part-time; younger employees in particular tend to value mobility over job security. Indeed, during Koyama's Saturday-night drinking session, employee Eri Shimoda confides that his co-workers "feel like family." Yet most of those who attend the party say that, warm and fuzzy sentiment aside, they plan to leave within a few years. "Work is just work," says one of them. No amount of free sake, it seems, can convince today's young salarymen that their loyalty can be purchased on the company...

Author: /time Magazine | Title: Japan Inc. Is Drinking Again | 9/6/2007 | See Source »

Legislators are divided on measures that would ease mortgage problems. Proposals include urging federally chartered mortgage companies to help refinance delinquent mortgages held by the kind of people that Bush's plan won't cover...

Author: /time Magazine | Title: Dashboard: Sep. 17, 2007 | 9/6/2007 | See Source »

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