Word: priced
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...question, Netflix serves a need. It's a virtual video store with more than 100,000 titles - movies and TV shows. And it's cheap: for the four-at-a-time price of $23.99, you could conceivably see about 50 videos a month - if you devoted your life to the task. In a deep recession, Netflix has also taught film fans that renting a movie or TV series not only is way less expensive than buying but also takes up no shelf space when you move from your foreclosed home into your parents' basement. That could be one reason...
...stores and the imminent streaming of movies. You can already get 12,000 Netflix titles on your TV (if you have a Blu-ray player or spring for a $100 Netflix box). So, O.K., soon there will be no more waiting for DVDs. But it'll come at a price. You'll be what the online corporate culture wants you to be: a passive, inert receptacle for its products...
...Median price of new houses sold...
...last winter, the game had changed. When the couple started looking at houses again, they found plenty in their price range. The western suburbs of Boise, Idaho - four- and five-year-old neighborhoods scattered among hay farms and potato fields - are no longer a favorite stomping ground of out-of-state speculators, no longer a surefire way to get rich in real estate. (See pictures of Boise's struggling housing market...
This, you might be asking, is the good news? Well, yes, it is, because a housing recovery isn't just about bottoming out on price. What is more important for a healthy market is that there be a prevailing logic or reason - rooted in local neighborhoods, in local economies - for houses to cost what they do. And that sort of logic, as illustrated by Boise, is reclaiming the housing market from coast to coast...