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The relatively calm and affluent years of Bill Clinton's second term — with its tech bubble, budget surplus, easy credit, and Pottery Barn — may feel vaguely embarrassing twenty years in hindsight.
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But while second-home buyers may roll their eyes at the tax as they pay out the money, the transfer tax can be a deal breaker for less affluent year-round home buyers.
The economy needs stimulus now; it doesn't need tax cuts for the very affluent five years from now.
They also represent a general malaise peculiar to the bourgeois world of the affluent postwar years, and are victims of what Yates sees as the human condition, a tragic isolation summed up in the title of his next book, a collection of stories, Eleven Kinds of Loneliness.
Rock has attracted the affluent for years and the £4m price tags of the best houses are testament to its charms.
The impact of 1900s deprivation is also interesting because in 2001 areas with the lowest deprivation scores in the 1900s have an average standardised mortality ratio of 97.2 (98.1 at fifth level), suggesting that areas that were affluent 100 years ago do not now have mortality rates that are significantly better than other areas.
Mr. Sharpe gave this example: An affluent 55-year-old is supporting his 79-year-old mother in a continuing care retirement community where she has a nice apartment, nutritious meals, community activities and access to health care.
That doctor, John B. Murphy, is in the employ of an affluent 65-year-old woman named Priscilla who cares for her 91-year-old mother, Happy, with a staff of seven rotating aides at a cost of $250,000 annually.
"An affluent 5-year-old has about the same vocabulary as an adult living in poverty".
With millions of Chinese becoming newly affluent each year, the dish, once unaffordable to all but the most privileged, is suddenly within reach.
I've never met an affluent 4-year-old who wasn't enrolled in preschool, but nationwide about one-third of kids that age aren't.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com