Word: trend
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Like all good things, though, the renter's advantage will come to an end. While PPR projects apartment rent to drop 2.1% this year, next year's decrease is expected to be just 0.5%. That could be the beginning of a trend back toward higher rents, especially if the economy - and jobs - rebound. Plus, in just a few years, the children of baby boomers - an abnormally large cohort of young adults - will begin graduating from college and looking for a place to live, increasing demand for rentals. Considering how many construction projects are being put on hold these days...
...Mish's Global Economic Trend Analysis (7,903 links). Although Mish (aka Mike Shedlock) is not an economist by training, he adroitly gets into the thick of economic data. Mish uses observations made by those in major media, so-called experts and government officials and serves up analysis based on his impression of their relevance and validity. The author is not afraid to attack conventional wisdom...
...even street luging. As with the Olympics, winners were awarded gold, silver and bronze medals. Not everyone took the event very seriously. One especially snarky USA Today columnist called the X Games the "Look Ma, No Hands Olympics," adding, "Apparently - and it's possible I'm misinterpreting a cultural trend here - if you strap your best friend to the hood of a '72 Ford Falcon, drive it over a cliff, juggle three babies and a chain saw on the way down and land safely while performing a handstand, they'll tape it, show it and call it a new sport...
James Buchanan basically started this trend, with 1866's instantly forgettable Mr. Buchanan's Administration on the Eve of the Rebellion, a partial attempt to shift blame for the causes of the Civil War away from his administration. Later the 18th president, penniless and deathly ill in his final years, negotiated a deal with publisher Mark Twain to write the Personal Memoirs of Ulysses S. Grant, a two-volume set that is still considered one of the best presidential memoirs ever penned. In 1913, Theodore Roosevelt wrote another well-regarded tome (predictably, and straightforwardly, titled Theodore Roosevelt: An Autobiography). Harry...
...stands high and apart from the mainstream of American art. Manhattan-centered abstract expressionism has in the past two decades given a multitude of new answers to the central questions: What is painting? What is art? What is form? Wyeth is no heroic rearguard defender against that trend. But, in a tradition going back to Rembrandt and to the roots of art, he insists on exploring something else: the condition of nature and the depth of the human spirit...