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The share of real G.D.P. has dropped to between 16 and 17percentt, from 18 to 19percentt in the 1950's.
It turns out that instead, his comments related to the declining share of real estate commissions that agents are experiencing — and not a declining cost to consumers.
After two years of nonstop chemotherapy and a bone marrow transplant, I realized that as a cancer patient, I had experienced my share of real stress and pressure, and I had learned how to confront it and cope with it.
Norman Hatch was one of a number of servicemen sent to train as cameramen with "The March of Time" crews, and he shot his share of real footage, including the harrowing landing at Tarawa in the Pacific in 1943.
On another level, manufacturing's share of real gross domestic product -- representing all the goods and services produced in the United States -- has edged down, even including in the count the output of foreign manufacturers operating here.
Other costs are not recaptured when the house is sold -- either direct business expenses, like those for a business phone, or indirect ones like a proportional share of real estate taxes and mortgage interest.
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(Fifty-five percent of the portfolio was in domestic stocks; the remaining equities consisted of international stocks and shares of real estate investment trusts).
But the Web cam generation may already be recalibrating how much value to place on the sharing of real space with another person.
Here is Mr. Lipson's solution: Because these funds trade at discounts, he suggests that their managers sell underlying securities — utility stocks and shares of real estate investment trusts — and use the proceeds to buy back common shares.
Shares of real estate investment trusts, public companies that own, manage or develop property, disintegrated between 2007 and 2009.
From operators of trailer parks to collections of Class A office space, the shares of real estate companies are down 26% from September.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com