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...lowest-priced homes. In May, sales of houses under $300,000 (for the D.C. suburbs, that's low-priced) jumped 41%, as compared to the same month last year. Sales of houses $300,000 and above, meanwhile, dropped by 26%. The super-high-end is particularly grim. At the rate houses worth more than $700,000 have been selling, it will take three-and-a-half years to get rid of the existing inventory. And that's not including new houses that come onto the market. (See pictures of Americans in their homes...
...Most city officials said that although the warmer months usually bring a higher rate of crime and violence, this year’s sudden uptick in shootings and stabbings has been uncommon...
...addition to the layoffs, 42 out of 103 eligible HBS employees took early retirement incentive packages from the University this past spring—a participation rate of over 40 percent, the highest out of all the University's schools. The letter also noted that roughly 50 temporary and contract workers, mainly in operations and facilities, will not have their contracts renewed for fiscal year 2010—which begins today—and others will leave the school through "normal attrition...
...until you realize it's more than twice as much as in 1965. Roughly 60% of male high school students told researchers they planned to cut their work hours when they become dads; the recession rushes the trend, as men get laid off at three times the rate of women and the division of labor gets a sudden jolt...
...predict that the twitterification of our society is going to lead to an exponential increase in early-onset Alzheimer's. We're increasing the rate of input to our brains and decreasing the time for processing information, and our brains are going to revolt. That, in turn, will lead to the next big industry: de-twitterification rooms where you can sit alone and unconnected, with nothing but a giant aquarium and a beanbag. Marty Decker, BEND...