Word: trended
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This investment trend, which flourished from 2005 until the financial crisis hit in 2008, threatened a cherished pillar of urban policy - affordable housing, which has long been regarded as essential for maintaining vibrant diversity in our cities. The victims are among the huge numbers of Americans (estimated at close to 100 million before the latest housing boom promoting homeownership) who rent their primary residences - poor, working-class and even middle-class folks - who have been overshadowed in the deluge of media coverage of the debacle in single-family housing. (Affordable housing refers to that costing no more than a third...
Aside from the increase in white-collar women, the other trend behind the Pew numbers is that marriage rates have declined most sharply among the least educated men and women, which helps explain why the median household income figures for married men have pulled even further ahead of those for their single counterparts. More of the least affluent are unmarried than before. (See the best business deals...
...trend has a dark side, says Dalton Conley, social sciences dean at New York University. "High-income women marrying high-income men is one of the drivers of inequality," he says. "It affects the distribution of income between families." He notes that among college-educated high-income couples, the divorce rate is getting lower, while unmarried low-income men and women tend to partner up and then uncouple more rapidly. "This leads to family instability and a cycle of disadvantage," says Conley. Single parents often have trouble moving ahead in their careers, while low-earning parents have little income...
Bidding went ballistic at a Sotheby's art sale in Hong Kong just over a year ago. A little-known Filipino artist named Ronald Ventura sold a striking, surrealist-inspired painting entitled Nesting Ground for $280,000, 20 times higher than its presale estimate. The emergence of a new trend in Asian art cannot be inferred from a single sale, but works from other contemporary Philippine artists such as Geraldine Javier, Winner Jumalon and Benedicto Cabrera are being sold with increasing frequency and success at auctions and galleries in Hong Kong, Singapore, London and New York City. Mok Kim Chuan...
...Whatever happens, the new study suggests that HIV therapy is only going to become trickier and more expensive to implement as drug resistance spreads. While the implications for this trend will be felt most acutely in sub-Saharan Africa and parts of Asia, Kahn says he also has concerns for his home city of San Francisco. "California is broke, and the state is invading city finances to help itself out. I look at our model and what it predicts for San Francisco over the next few years in terms of antiretroviral resistance, and I do become concerned that funding...