Word: rental
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...Welcome to the cruel downside of Vélib' - the enormously popular bike-rental scheme offering Parisians a cheap, environmentally friendly form of urban transportation. Since its introduction in July 2007, Paris' Vélib' program has facilitated 42 million rentals by 177,000 people with annual subscriptions to the system and countless others who have rented bikes on a one-off basis. The program allows riders to use credit cards or subscriptions to hop onto one of the program's 20,600 bikes from 1,451 stations around Paris and its nearby suburbs. And the ride is free...
...vacation?" a close friend said with a gasp, aghast when I told her I planned to spend my postelection holiday in Cartagena, Colombia. In fact, few of my friends seemed to think it was a good idea: I couldn't persuade any of them to share my rental house in the city's walled Old Town. If they had heard of Cartagena at all, it was only as the backdrop of the classic 1980s romantic caper Romancing the Stone, a place of corrupt juntas and bodice-ripper-reading drug dealers - a parody turned deadly serious by four decades of civil...
Online Upgrade. Answering customers' complaints about online rental-car services, Avis has unveiled its revamped website. The new design makes it easier to compare discounts and modify reservations, giving you a side-by-side comparison of your original and new reservation. You can also compare deals from Avis and other rental agencies without leaving the site, preview a picture of the car, and get stats on luggage space, passenger capacity and fuel efficiency. Extra fees, for GPS, local taxes and insurance, are broken out line by line, so there are no surprises when you get your bill at the rental...
...This affluent mindset will have to change. The boom did raise the national homeownership rate from 60% to more than 67%, but the bust is bringing it right back down again - probably to less than 60% by the end of the year. As a result, demand for affordable rental units (meaning less than $1,000 a month for two bedrooms in South Florida) is bound to rise. And no amount of empty five-bedroom, three-bath dream houses is going to satisfy...
...house with a crumbling façade. "This is probably the only house on this street that hasn't been renovated yet," he says. Technau has lived in Prenzlauer Berg all his life and currently pays $400 a month for his two-bedroom apartment. He's worried that with rental prices continuing to rise, he won't be able to afford to live in the neighborhood much longer...