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Beyond the state of the economy, the problem is that in many markets, houses still cost too much. Housing consultancy Zelman & Associates compared what houses cost with how much people earn and found plenty of markets - including Seattle; Miami; Norfolk, Va.; Philadelphia; Los Angeles; and Salt Lake City - where homes would have to shed at least 30% more in value to get back to being as affordable as they have been historically...

Author: /time Magazine | Title: Housing Prices Keep Dropping. And They're Not Done Yet | 1/28/2009 | See Source »

Staying Put. W Hotel's "Baby It's Cold Outside" package encourages staying in bed, with pancakes and cranberry chutney for two delivered to your room. Shower up with a jar of Bliss Hot Salt Scrub and adjourn to the bar for two winter cocktails. Rates vary depending on location. Through April...

Author: /time Magazine | Title: Valentine's Deals That You'll Love | 1/26/2009 | See Source »

Small, impoverished Bolivia, in fact, is the Saudi Arabia of lithium. It's home to 73 million metric tons of lithium carbonate, more than half the world's supply. The largest single deposit is the Salar de Uyuni, a vast, 4,085-square-mile (6,575-sq-km) salt desert in the southern Potosi region that is also one of Bolivia's biggest tourist attractions...

Author: /time Magazine | Title: For Lithium Car Batteries, Bolivia Is in the Driver's Seat | 1/22/2009 | See Source »

...relatively safe extraction process is also good news for the thousands of tourists who flock to Potosi each to see the Salar's sprawling white desert and sleep in a hotel made entirely of salt. Lithium is found in the water in the area, but instead of unsightly pipelines, the lithium-mining process will use hidden underground ones to siphon the water from below the Salar's surface to extract the lithium carbonate...

Author: /time Magazine | Title: For Lithium Car Batteries, Bolivia Is in the Driver's Seat | 1/22/2009 | See Source »

...Chef judge Tom Colicchio's New York City restaurant Craft is offering to ease the strain on your expense account. Colicchio and executive chef Damon Wise have opened "Damon: Frugal Friday" in Craft's special-events space next door, with a $10-or-less menu featuring dishes like salt cod fritters; pizza with fresh ricotta, black cabbage and truffle vinaigrette; crispy pig ear, deviled egg salad and celery; and smoked beef tartar and spiced flatbread. Even the cocktails and wine are priced under $10. Seating is first come, first served; open every Friday from 5:30 p.m. to midnight.47 East...

Author: /time Magazine | Title: Best Deals and Destinations | 1/16/2009 | See Source »

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