Monday, January 7, 2008

Subprime is Word of the Year


You can tell 2007 was a bad year for real estate when the American Dialect Society chose to make "Subprime" it's annual word of the year. Yikes!

Seems like no one knew the word until summer 2007 when other terms like "mortgage meltdown" came to be common household phrases. Other popular words that were in the running were "Facebook", "green", "Googleganger" and "waterboarding". Hmmmmmm, interesting.....

To read more about "Subprime" being choosen as word of the year

1 comment:

Anonymous said...

Seems like no one knew the word until summer 2007 when other terms like "mortgage meltdown" came to be common household phrases.


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Julie
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