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...things don't neatly seesaw. The demand for apartment rentals is largely linked to employment. When people - especially young adults, who are prone to rent - don't have jobs, they're more likely to stay with family or find a roommate instead of renting a place of their own. Plus, in the wake of escalating home foreclosures, condos not selling and investor properties sitting unflipped, there are units from unconventional sources opening up for rent. (See pictures of modernist houses for rent...
Energy efficiency can also have its downside. The California building codes you praise ("airtight shells") have harmed some who have reacted to the chemicals trapped inside. The much-touted compact fluorescent lightbulbs can increase symptoms in people with migraines and other conditions. Plus, if they break, they can release toxic mercury. And when one burns out, you can't toss it in the trash; you have to waste gas driving the bulb across the county to a toxic-waste disposal center. Karen M. Campbell, SACRAMENTO, CALIF...
...book doesn't "earn out," in the industry parlance, the publisher simply eats the cost. Another example: publishers sell books to bookstores on a consignment system, which means the stores can return unsold books to publishers for a full refund. Publishers suck up the shipping costs both ways, plus the expense of printing and then pulping the merchandise. "They print way more than they know they can sell, to kind of create a buzz, and then they end up taking half those books back," says Sara Nelson, editor in chief of PW. These systems were created to shift risk away...
...border coalition group to strike down Homeland Security's waiver of 32 federal, state, local and tribal environmental rules in order to construct the fence - a power granted by Congress when the agency was established in the aftermath of 9/11. The department does not comment on the 300-plus lawsuits making their way through the courts. In visits to the region, Homeland Security Chairman Michael Chertoff has said the numerous lawsuits have slowed progress, but 90% to 95% of the initial 670 miles will either be completed or have had ground broken as Bush leaves office...
...home. That's because he's not likely to get back the $1.6 million he paid for the house when he bought it in 2004. If he were to sell it today, Geithner's house would fetch $1,357,500, according to Zillow. Add in real estate agent fees, plus any money Geithner put into the house in remodeling and repair costs, and Geithner is probably looking at an investment loss of more than $300,000. He can use that to lower the taxes he may have to pay against long-term stock-market gains, if he is lucky enough...