Word: rental
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Dates: during 2000-2009
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Settling down in a short-term rental--rather than dashing around from hotel to hotel--is gaining ground as a style of travel, says Pauline Kenny, who trademarked the term Slow Travel and runs slowtrav com a website of classified listings and rental reviews. Midlife and older adults don't want to race through six countries in two weeks, checking off a list of must-see sites, says Kenny, 51, who is based in Santa Fe, N.M. Experiencing a country as its residents do offers an attractive alternative...
...real estate is what got you where you are today, hold on to your residence if you can but consider shedding any real estate investment trusts, spec homes, mortgaged rental properties and maybe even the beach house. "A lot of people look at a pie chart of their assets and find that real estate is a very large wedge," says Skip Massengill, managing director of Commerce Capital Markets, a financial planner. "Yet they may not have any idea what could happen if a bunch of properties come on the market." Hint: prices typically fall...
...venture further than Paradiso's tiny waterfront restaurant and its menu of locally caught seafood, prepared Italian or Sumatran style. Another highlight of a stay on Cubadak is the cost. Nightly rates start at $80 including full board, airport transfers, trekking tours and use of snorkeling equipment, while rental of diving gear is a mere $45 a day. "If you want complete tranquillity, a home-cooked meal and spectacular diving, you will find it here," says Casalegno. Not to mention an abundance of Italian charm. For more information, visit cubadak-paradisovillage.com...
...rented a Focus in Oregon this summer and can't say I fell in love. The car lacked basics like an armrest and a driver-side trunk release--forget cruise control--and emitted a high-pitched whine at 60 m.p.h. O.K., it was a stripped-down, beat-up rental. But people, please, can't you do better...
...Thomas is using a crowbar to pull nails from the frame of the house he grew up in and now rents out. Unemployed since Katrina flooded the Hyatt and took his job as a banquet captain, he is spending his time renovating. The city is in dire need of rental housing like his, since Katrina destroyed some 43,000 units, including 5,000 public housing apartments. Standing in the doorway, the 62-year-old points to empty lots where houses once stood nearby. He hasn't seen the neighbors at all, but believes his renovation, lonely as it is, will...