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...housing transactions are financed with mortgages.) One of the reasons for this is that, just like Yang, many Chinese have been moved out of formerly state-owned housing units in urban areas as part of redevelopment projects. The compensation payments, supplemented by some savings, are usually enough to buy decent apartments out of town. Economist Xie calls these resettlement payments "probably the most important government action supporting today's economy." And the fact is, Chinese municipalities are not even close to the end of such resettlement schemes. (See pictures of Beijing's changing skyline...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

...unfair criticism. The best way to make decent money through Demand, as I discovered, is to research and write at breakneck pace, and the result is content that only just squeaks through the system. Working as fast as possible, I could make close to $60 an hour at Demand, a nice improvement on what I'm paid for my day job, but I'd be producing articles that were thinly sourced and poorly written. (See 10 ways Twitter will change American business...

Author: /time Magazine | Title: Building the Web's Biggest, Smartest, Scariest Article Machine | 3/22/2010 | See Source »

...pride in their country, too. (Never mind the fact that his own knowledge of the anthem proved spotty in an interview last week when he confused some of the words and got the author wrong.) "The children's relationship to their nation, to their homeland is not on a decent level," Slota tells TIME. "In America, the schoolchildren parade into a schoolyard, the flag is drawn, the anthem is sung and everyone holds hand over heart." (See pictures of immigration in Europe...

Author: /time Magazine | Title: Patriotism by Decree in Slovakia | 3/18/2010 | See Source »

...Adams pool and is now used as a theater of sorts. For the athletically inclined, the Adams gym is a little lacking. The “dungeon” has six machines and a separate weight room. The upside is that the large television gets a pretty decent cable package...

Author: By Jillian K. Kushner, CRIMSON STAFF WRITER | Title: The Housing Market Reviews: Adams House | 3/11/2010 | See Source »

...guys knew who you were,” says Carole. Then she thought about it for a moment. “If you were vaguely decent-looking then they knew who you were.” She remembers eating dinner and walking out and all the guys watching, heads turning...

Author: By Mark J. Chiusano, CRIMSON STAFF WRITER | Title: Harvard That They Knew | 3/11/2010 | See Source »

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