Word: reasonable
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...risks of that stipulation, say housing experts, is that if the houses are bought up at too deep a price cut, especially with housing prices so depressed right now, it could force surrounding property values further down and instead exacerbate neighborhood destabilization. That's another reason many cities would have preferred a focus on efforts to prevent foreclosure and keep existing families in those homes. Another problem is that the NSP is tacitly obliging cities to become property managers, something "local governments just aren't set up to do," says Shank, whose organization is also a licensed lender and mortgage...
...University, where he now studies electrical engineering. In July, Deng took the college-entrance exam and passed with the highest score among his schoolmates. The head of the university asked him to give a speech commemorating the new school year. "If you're still alive, then there is no reason to despair," he told his classmates and teachers. "I am living, and my life is hopeful." But in private, there are moments of doubt. "To get used to [the fact] that my mother is gone, it's very hard," he says. "But I am not the only one to suffer...
...climate. As of Nov. 11, 72% of consumers had completed less than 10% of their shopping, according to the National Retail Federation's (NRF) 2008 survey by BigResearch of holiday consumer intentions and actions. "They know the longer they wait, the better off they are, so there's no reason to rush," says Marshal Cohen, chief industry analyst at the NPD Group, a market-research firm. (Find out 10 things to do with your money...
Kids, dogs and mother-in-law humor: it's as if the Obamas are launching an early '60s sitcom before our eyes. With good reason: the First Family--elect may represent a big social shift, but their retro, TV Land ordinariness helped get America comfortable with Dad. Quipping with 60 Minutes' Steve Kroft, Barack and Michelle echoed not J.F.K. and Jackie but rather Rob and Laura Petrie--she, the amiably needling supporter; he, the self-deprecatingly put-upon hubby joking about Michelle's asking him to take the girls to school the morning after the election. This fall, on every...
...done just that. When we met six months later, it was at the new campus of Sichuan University, where he studies electrical engineering. The head of the university had asked him to give a speech commemorating the new school year. "If you're still alive, then there is no reason to despair," he told his classmates and teachers. "I am living, and my life is hopeful." Of the 36 students in his junior high school class, four died in the earthquake. "When we get together, we talk about those four," he says. "But we look to the future...