Word: rented
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Dates: during 1990-1990
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...overseas. "The people who used to scrimp by are just not making it today," laments Jodie Goodwin, who heads a group of Houston social-action church coalitions. "Families that never were at risk before are having to make basic, tough - decisions about which bill to pay: utilities, groceries or rent...
...forces and think tanks with a sharp demand: "Housing, housing and housing." And in a way, they were right. It was no secret that a main cause of homelessness in the '80s was the poor being squeezed out of the housing market. In the 1970s and '80s, the average rent grew twice as fast as the average income. Manufacturing jobs disappeared: of the 12 million new jobs created since 1979, more than half pay less than $7,000 a year, and many provide no health insurance. One serious illness, and a worker could spiral into poverty and onto the streets...
...Rising rents in a tight real estate market were enough to cast these borderline workers and welfare families out of their homes. For young people approaching the housing market for the first time, there was no point of entry. In Massachusetts cities, a renter must earn $13.65 an hour -- more than three times the minimum wage -- to afford the $800-a-month average rent on a two-bedroom unit in decent condition. Under the Reagan Administration, the Federal Government cut housing assistance 75%, and much of what was left was wasted. The Department of Housing and Urban Development stopped subsidizing...
...minimalist schedule helps hold down costs at the stores, which are typically low-rent, warehouse-like places with cement floors. Aside from a single manager per store, all employees are part time; many are recruited from the ranks of loyal customers, tempted by the 20% employee discount. The company stocks its shelves with closeout lines acquired at a fraction of their original price. Typical offerings range from Waterford crystal frames ($24.99 ) to Fendi mufflers ($19.99) to Spode china...
...sure sign of trendiness, the miniautos are turning up in advertisements for yuppie-conscious institutions like the Banque Nationale de Paris. About half a dozen firms in the Paris region rent the vehicles for roughly $75 to $85 a day, unlimited mileage included...