Word: rental
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Dates: during 2000-2009
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...units. "But most of those homes will never be available to the people we serve," insists Lloyd Boggio, a Miami developer and chairman of the Florida Coalition of Affordable Housing Providers. Some communities are using federal Neighborhood Stabilization Program funds to buy up foreclosed homes and convert them into rental units, but they say it's hardly enough to fill the large gap. (See a video on facing foreclosure in Tampa...
...package to Ireland includes round-trip airfare from New York City or Boston to Dublin for $799 per person, a night at the Ritz-Carlton Powerscourt (just south of Dublin) and a stay at the four-star Strand Hotel in Limerick. While you're on the road (the car rental is also included), you can stay four nights at any of 1,200 Irish Farmhouse Bed & Breakfasts. The same package is available from Chicago or Washington, D.C., starting at $949, and from San Francisco starting at $1,059. Book by Feb. 27 for travel from May 1 to June...
...turn around someday, and in the meantime, rents are falling. In March, Kreuzer and his family are moving into a nearby town house with rent so cheap, he can continue to help his in-laws pay their monthly bills. Michael Gallagher also found a killer deal on a rental. He moved out of his mom's place in November, but she has yet to rearrange her stuff. "I'm not moving anything back just yet," she says. "With this awful economy, he could boomerang right back in here...
...available for Postville, once a vibrant community of some 2,300 people. "They don't have money for an economic humanitarian disaster. Believe me, we've asked," says Darcy Radloff, the city clerk. Two AmeriCorps Vista volunteers were recently assigned to Postville, and the town, known for its inflated rental properties, has received almost $700,000 in government grant money to help residents pay rent and utilities (although reported problems include landlords' reluctance to accept the payments because they're lower than the rent they charge). However, undocumented people are not eligible for government programs, so they must rely upon...
...Ride. If you think your rental car isn't as fresh as it used to be, you're correct. According to Automotive News, rental-car companies have cut new car orders on their fleets, and companies like Enterprise Rent-a-Car are now buying half the cars they bought in recent years. Plus, they are now keeping their existing cars for an average of 13 months rather than...