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Real Estate Real estate is a legal term (in some jurisdictions, such as the USA, United Kingdom, Canada, Australia and The Bahamas) that encompasses land along with improvements to the land, such as buildings,fences, wells and other site improvements that are fixed in location — immovable. Real estate law is the body of regulations and legal codes which pertain to such matters under a particular jurisdiction and include things such as commercial and residential real property transactions. Real estate is often considered synonymous with real property (sometimes called realty), in contrast with personal property (sometimes called chattel or personalty under chattel law or personal property law).
However, in some situations the term “real estate” refers to the land and fixtures together, as distinguished from “real property,” referring to ownership of land and appurtenances, including anything of a permanent nature such as structures, trees, minerals, and the interest, benefits, and inherent rights thereof. Real property is typically considered to be Immovable property The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property. (Wikipedia Feb 2010)
Commonsense Economics:
By John Schroy, on May 16th, 2010 | 
Eventually, at some point, without an efficient market, common stocks become mere baseball cards.
Sooner or later, some Baby Boomer, pressed to pay his bills in retirement, will find that one can’t live off the dividends of common stock and that when everyone is trying to cash out their holdings at the same time, market prices plunge to levels that seemed inconceivable for generations. But it will simply be the cost of allowing an inefficient market to flourish for so long.
This article discusses the concept of inefficient markets and the practical consequences.
US tax policy
By John Schroy, on March 7th, 2010 | 
If we are to believe the old adage that, ‘people vote their pocketbooks’, why are so many of the Super-Rich ardent supporters of the Democratic Party?
Why do the liberal Super-Rich seem to act in a way that is so contrary to their selfish interests and economic well-being?
Here I show how capital flow analysis of the Federal Reserve flow of funds accounts provides an answer to this apparent conundrum.
US Politics
By John Schroy, on March 20th, 2009 | 
The Obama administration’s policies of increasing taxes and attacking capitalists in the midst of a recession suggests that the future may be deflation and continued unemployment. However, Obama’s popularity is falling rapidly. The voters may rise up in 2010 and put a stop to his destructive policies.
However, the effects of the extreme deficit spending of the Pelosi-Reid Congress will continue. This suggests that the threat will be inflation, not deflation.
How prepared are Americans for high inflation? This article outlines what to expect.
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