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...housing bubble inflated, the math increasingly favored renting. House prices went up and up while rents stayed relatively flat, meaning you could get a lot more bang for your buck by choosing a lease over a deed. Now, with the housing market in a pulp, the tables are turning. Choe's most recent rental cost him $1,500 a month. His new mortgage payment, for a same-size house, is $1,570 (after a 20% down payment). "Not a bad deal," he says - especially considering that once Choe takes into account the money he saves on taxes by deducting...

Author: /time Magazine | Title: Own-ward Bound? | 8/31/2009 | See Source »

...with a large group of friends on a Monday night, when the price of an all-you-can-eat meal hovers a buck or few north of $10. Decide on your bowl of raw ingredients, choose a sauce, and the grill employees will cook them right in front of your eyes. For those with food allergies, there’s a special grill in the back, but part of the fun is noticing how there’s that stray head of broccoli from another diner’s creation. Not quality food by any (and we really mean...

Author: By Lingbo Li and Amy Sun, CRIMSON STAFF WRITERS | Title: Classy Eating in the Square: Tapas, Thai, Foie Gras, and Clam Chowder | 8/20/2009 | See Source »

...case of Buck v. Bell, Chief Justice Oliver Wendell Holmes handed down the infamous ruling summarized in the subheadline above. He was talking about forced sterilization of the “feeble-minded,” but his words also sum up one attitude towards Harvard’s legacy admissions. You can frequently hear muttering about how unfair it is that Harvard is admitting legacies over equally—or even more—qualified candidates. Anti-legacyism is the last acceptable prejudice. These underqualified, overprivileged, moderately pasty folk need to stop slipping over the admissions border and stealing...

Author: By Alexandra A. Petri, CRIMSON STAFF WRITER | Title: Give Legacies a Chance | 8/20/2009 | See Source »

...Afghanistan experts suggest that Obama needs to make that argument now, while Congress is still being patient with the Administration's AfPak policy. "We're going to need time in Afghanistan to be successful," says California Representative Buck McKeon, the ranking Republican on the House Armed Services Committee. Just back from a trip to Afghanistan, McKeon says his main worry is that Obama will come under pressure from his own party to speed things up: "I hope he doesn't get so much push back on the left that he waffles on giving the sufficient time to the military...

Author: /time Magazine | Title: Afghan Mission Creep: Back to Nation-Building | 8/19/2009 | See Source »

...channeling of Child's speech patterns caused me to yelp with pleasure. She ends up at Le Cordon Bleu cooking school and discovers, triumphantly, that she has talent for it. She's also very pleased to defy the expectations of the Cordon Bleu's snooty director (Joan Juliet Buck), who didn't believe an American housewife stood a chance in this mostly male arena. Soon Julia and two of her new French friends are toiling away on the cookbook that will transport these gastronomical joys across the Atlantic, touching and transforming many American lives, including that of Julie...

Author: /time Magazine | Title: Julie & Julia: Streep, Ephron and the Joy of Cooking | 8/17/2009 | See Source »

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