Few Western countries are as conservative about home ownership as Germany, where less than half the country's citizens own property.
German banks have tough lending rules. Would-be buyers are usually asked to provide hefty down payments to secure mortgages, meaning few Germans even think about buying a home until they are settled and financially secure.
But the European debt crisis appears to be changing the traditions around home ownership. The resulting surge in homebuying, some officials warn, is driving prices too high and threatens the nation's economy.
Vice President Joe Biden leads the first meeting of the working group to explore solutions following the Newtown shooting with Philadelphia Police Commissioner Charles Ramsey and other law enforcement leaders on Dec. 20.
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Vice President Joe Biden arrives for a closed-door meeting with Senate Democrats to urge them to support a fiscal cliff deal on Monday.
Foreign buyers are pushing the prices of prime London real estate through the roof. Neighborhoods such as West London, Kensington and Chelsea are particularly popular.
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The apartments at One Hyde Park have been mostly purchased by foreign-registered buyers, according to <em>The Guardian. </em>It said the prices ranged from 3 million to 136 million British pounds ($4.9 million to $221 million).
On the tough side of Terpsichore Street in New Orleans stands a duplex — a two-story, wood-framed building with wood floors, high ceilings and a nice fireplace. But this old house is empty: no furniture, no walls, no electricity, no toilet. Iron bars hide the windows; there's a lockbox on the door. The facade is three different shades of blecch, blurgh and blah.
For some, bringing in the new year means praying for good things to come. Kristina Olsen ponders the reasons for prayer in her song, "Prayer Flags." She tells the story behind it in the latest edition of What's in a Song, a series from the Western Folklife Center.
There is nothing new about the Congress coming to a hostile halt at a critical moment - fussing and fuming, holding impromptu news conferences at the Ohio Clock - that's a nearly 200-year-old timepiece that counts the hours outside the Senate Chamber - or representatives stopping to chat in the beautiful Rayburn reception room outside the House with George Washington looking disapprovingly down from his portrait.
President Obama says immigration reform will be a priority for the White House early next year. The last time Congress tried to tackle the divisive issue it failed. In the meantime, states have become the center of debate following Arizona's lead in passing their own strict laws intended to curtail illegal immigration. NPR's Debbie Elliott has been following the issue. She joins us now. Good morning, Debbie.
This last weekend of the year, we're looking back on some of the best books of 2012. In this encore broadcast, Glen Weldon highlights two graphic novels from the past year, starting with one called "Drama" by Raina Telgemeier.
GLEN WELDON: "Drama" is a young adult graphic novel about a middle-school girl named Callie...