Word: 80s
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Maybe that's why those Leverett House '80s dances are so well-received...
Fruit boycotts are not a new technique in the struggle for improved farm worker conditions, however. According to Simsons, a grape boycott has been ongoing since the late 1960s, with Harvard participating in it since the late '80s...
...lower-risk alternative is investing in real estate through publicly traded companies known as Real Estate Investment Trusts, or REITs. These stocks earned a nasty reputation in the '70s and '80s, when REITs loaded up with debt and used the proceeds to invest largely in the higher-yielding debt--junk--of developers. REITs collapsed when the developers went bust after building too many skyscrapers...
...exposure, noting that the stocks trade for 27% more than the underlying property they own. But that premium may be justified, given that REITs make it easy to buy and sell commercial real estate for any size portfolio. Besides, property values are rising from the ashes of the '80s bust, and rents are going up too. Biggs believes REITs will return 12% over the next 12 months. Steve Hash, an analyst at Lehman Bros., notes that profit from office rentals in Los Angeles is about $12 per sq. ft. It will go to $17 before any serious building begins...
...reading renaissance--from the rise of espresso-serving superstores to the emergence, on national TV and in countless living rooms, of book clubs and reading groups. At the least, it appears, reading books (or listening to them in the Jeep) is to the 1990s what gymgoing was to the '80s: something we plan to do, something we want to do and, by all appearances, something everyone else is doing, even Oprah viewers. Perhaps primarily Oprah viewers...