Word: sure
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Dates: during 2000-2009
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...with rentals. The top 10 metro areas on that list are Cleveland, Phoenix, Las Vegas, Cincinnati and, in California, Oakland, Riverside, Sacramento, San Francisco, Los Angeles and San Jose. An important caveat: those cities' 15-year price-to-rent ratios include the bubble years. Does Las Vegas appear cheap? Sure. The current ratio there is 14.6, significantly below where it's been over the past 15 years (19.3). But that average has been influenced by the go-go years. Exclude them - by looking at just the 1990s, say - and the result isn't so clear-cut. The '90s-only ratio...
...Sure, Uncle Sam twists the tax code to favor buying - and to reinforce the notion that owning a house is synonymous with the American Dream. But is it? "Moving up in the world and attaining material and nonmaterial success - that was always the American Dream," says Phelps. "That didn't necessarily mean you owned your house...
...responsible for both risk arbitrage and J. Aron, had advised Winkelman against it. According to Charles Ellis' 2008 book about Goldman, The Partnership, Rubin told him, "We've never seen it work to put salespeople in charge of trading in other areas of the firm. Are you pretty sure of your analysis...
...weight and has given up smoking and gambling. He shaved his once unsightly beard. "I wasn't going to make myself taller," he once quipped when asked about his transformation. He in effect reduced the risks in his personal life as he ratcheted up the risks - prudent, to be sure - that Goldman was taking under his leadership. (See George W. Bush's biggest economic mistakes...
...This new skill that I'm acquiring in drafting players - you never know when it might come in handy," says Pam Iorio, mayor of Tampa, Fla. And how, precisely, might her fantasy prowess help her with her day job? "I'm not sure yet," she says...