Jobless benefit, Eternal home sales
Good day for pink slip silver linings, Bad day for life-and-death decisions
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GOOD DAY FOR: Pink slip silver linings, after Hyundai unveiled a new incentive program that lets buyers return their auto purchases within a year if they lose their job or a significant part of their income. Hyundai has already increased its U.S. market share over the past few years by offering a 10-year warranty. (Reuters)
BAD DAY FOR: Life-and-death decisions, as burial plot brokers are reporting a sharp uptick in people selling their grave sites, apparently due to recession-related money shortages. Sellers are getting only about a quarter of the price their plots would have fetched half a year ago. Some are even selling off portions of long-held family plots. “It’s a decision to make between the history of your family and the current survival of your family,” said psychology professor Stan Charnofsky. (AP in San Francisco Chronicle)
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