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...families actually spend time and use space, as well as to new buyers entering the market. "A house is back to being a house," says Stephen Moore, a senior partner of the architecture and planning firm BSB Design in Des Moines, Iowa. (See high-end homes that won't sell...

Author: /time Magazine | Title: Downsizing: Today's Home Buyers Are Thinking Small | 9/28/2009 | See Source »

...There's also political reality. Set aside for a moment the formidable lobbying power of real estate agents and homebuilders, as well as the fact that one of the Senate's biggest tax-credit boosters used to sell houses for a living, and you're still left with homeowners - also known as voters. Many of them have long asked their elected representatives why ordinary folks aren't getting more government help. A house-related tax break - whether or not it's good policy - sure does play well. (See high-end homes that won't sell...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

...staff still assigned to the Hummer continue to work at turning the cast-off brand into an independent company that could continue to sell vehicles around the world. They have lined up a $20.4 million grant from the state of Michigan to put its headquarters in or around Detroit. The grant, however, is contingent on the completion of the deal with Tengzhong Heavy Industrial Machinery, according to Michigan state officials...

Author: /time Magazine | Title: Could Hummer Be Headed for the Heap? | 9/28/2009 | See Source »

...been a disastrous year for new-vehicle sales. In August, when sales of new vehicles got a boost from the cash-for-clunkers programs, Hummer sales continued to sink, falling 61%. In 2006, Hummer's best year, GM sold more than a 70,000 but this year it might sell only 10,000 units. "Hummer is not much of a priority for GM," says Alan Baum, a Detroit-based analyst and consultant...

Author: /time Magazine | Title: Could Hummer Be Headed for the Heap? | 9/28/2009 | See Source »

...Britain has long permitted doctors to prescribe heroin for a small number of hard-to-treat patients, but in the 1970s and 1980s doctors became reluctant to prescribe doses high enough to actually work, fearing patients would sell them on the black market. "It was a lose-lose situation," says Strang. Then, in the early 1990s, researchers from Switzerland, which was witnessing a dizzying spike in heroin use, came knocking. "They saw what we were doing and said, 'We can do better,' " Strang says. (See pictures of cannabis culture...

Author: /time Magazine | Title: Why Doctors Are Giving Heroin to Heroin Addicts | 9/28/2009 | See Source »

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