Word: three-bedroom
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Growth has brought some problems. Middle-class housing is scarce and prices are generally high: the average for a three-bedroom tract house in Newport Beach is $300,000. Traffic is approaching the nightmare stage. The 405 Freeway through Irvine often looks like a parking lot. Worse, a hint of L.A. -- smog -- sometimes hangs over the Santa Ana Mountains...
...most middle-class Egyptians, subsidies are a welcome but nonessential financial cushion. A rent-controlled three-bedroom apartment in Cairo, for example, can cost as little as $3.74 a month. Telephone service costs 2 cents or 3 cents a call. The subsidized price of a large loaf of bread is about 2 cents. But for the majority of Egyptians, whose per capita income is $600 a year, subsidies are just enough to keep them from penury. Last February national security police rioted after the rumor spread that their hitch would be extended from three years to four. Reason: the conscripts...
...certain bewilderment. "I certainly expected to live as well as my parents," says Audrey Burnam, 35, a research psychologist at UCLA who lives in a rented two-bedroom apartment while her father, who works at a copper smelter in Arizona and never graduated from high school, owns his own three-bedroom house. "I certainly expected to be able to afford a home. I am comforted," she sighs, "that this is happening to a whole generation...
...climb to middle-class acceptance, the Valenzuelas have all their tickets punched, save one. They own a growing used-tire shop and two cars. They rent a tidy, three-bedroom home in Los Angeles' San Fernando Valley. Their four children maintain B averages in public schools. They pay Social Security and income taxes and keep a clean credit rating. All the family lacks is permission to live in America...
Foreigners posted here find that the cost of living ranks with the highest in Europe. A three-bedroom apartment near the Palais des Nations rents for $1,500 a month and up, and lakeside villas sell for $1 million and more...