Word: stays
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Dates: during 2000-2009
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...sounded pretty bad until I realized it's exactly what yuppie meant in the 1980s. A proud Inupiat, Nasuk said that when her people were hunter-gatherers in the freezing North Slope, they sometimes had to leave behind the weak and elderly. "My understanding is that elders would voluntarily stay behind. It wouldn't have been a cruel practice. It would have been an acceptance of 'I'm dying. Let me be on my way,'" she said. Which is exactly how I'll put it on my death panel: "We're leaving you to be on your...
...figure out which is better now, start with the fact that in the long run, the costs of owning and renting stay in fairly steady proportion. Economists call this the price-to-rent ratio - take the average cost of buying a house and divide it by what you'd pay in rent in a year. The analysis shop Economy.com calculates that since 1986, the price-to-rent ratio for U.S. cities has averaged 16.5. In other words, the price of a house is the same as what you'd pay to rent it over 16.5 years...
Plus, Baker plans to stay put for a while. That also influences the math on how financially savvy it is to buy. The government mortgage agency Ginnie Mae has a rent-vs.-buy calculator on its website - using the default settings, buying starts to make sense after committing to stay for at least four years, although a lot of assumptions go into that calculation: everything from the property-tax rate to mortgage closing costs to the money spent on homeowner's insurance to the yearly home-price appreciation. If prices stay flat instead of going up 2% a year...
...essay, Yeskel warns, “Economic class is much less fluid than most people think.” She notes, “The richest one percent of the population now have more wealth than the bottom 90 percent.” But she assumes that people stay in these statistical groupings for life. In fact, individuals move. A study by the University of Michigan found that only five percent of families in the bottom quintile in 1975 were still there...
...During my weeklong stay in Lahore, I was repeatedly alarmed by upper-class Pakistanis’ nonchalance and misplacement of priorities. Throughout my stay, I attended one opulent wedding (but heard about many more), replete with lavish decorations and a bejeweled bride. Such grandeur has increasingly become the norm; anything less is looked down upon. People seem to be spending millions on weddings—not out of joy, but out of a desire to one-up the last celebration they have attended...