The collapse in housing prices is not simply a blip in the market, but a fundamental resetting of values underlined by high unemployment, slower income growth and a more conservative consumer who will be more likely to rent than buy, an expert for Brookings’ Metropolitan Policy Program says.
Sharron Angle laughed all the way to the bank Wednesday after being cussed out on The View over her new immigration ad. But immigration reform groups said the attack ad on Sen. Harry Reid motivated them to a substantial ad buy on Spanish-language radio in Nevada.
BALTIMORE — Sister Virginia Muller had never heard of shortstop Honus Wagner. But she quickly learned the baseball great’s card is the most sought-after in history. And thanks to an unexpected donation, one of the century-old cards belongs to Muller and her order, the Baltimore-based School Sisters of Notre Dame. The nuns are auctioning off the card, which is expected to fetch between $150,000 and $200,000.
MENTAWAI ISLANDS, Indonesia — Helicopters with emergency supplies finally landed Wednesday on the remote Indonesian islands slammed by a tsunami that killed at least 272 people, while elsewhere in the archipelago the toll from a volcanic eruption rose to 30, including the mountain’s spiritual caretaker. President Susilo Bambang Yudhoyono cut short a state visit to Vietnam to rush home to deal with the dual disasters that struck Indonesia within 24 hours, straining the country’s ability to respond.
