Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
TheBestCoach.Com

Once upon a time, the world was sweet on Philly's sugar industry
www.newsworks.org

During the Colonial period, refined sugar was a luxury item, used only in posh parlors during tea. Along with tea, sugar was one of the commodities on which the British levied a tariff, leading to the War of Independence. At the time, simple candies …

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All-cash home purchases top 50%, reports says
www.sfgate.com

The data suggest that the big surge in all-cash deals is happening more at the low end and probably reflects a large number of investors buying cheaper homes in hard-hit areas to rent out. Goldman researchers said they "backed into" … Goldman's …

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Bank of Spain figures show 'bad bank' loans rise to new high
www.theguardian.com

There had been a slight fall in the bad debt ratio at the end of last year, when the country's so-called "bad bank" swallowed up large amounts of the toxic real estate that had brought down several Spanish banks. The bad bank was set up by the …

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Reserve Bank signals interest rates to remain low
www.heraldsun.com.au

The minutes also said the Australian dollar, despite falling to three years lows, remained at historically high levels, supporting the case for a cut in August. "It was possible the exchange rate would decline further over time, which would assist in …

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Provocative Proposals for New York, Missing From the Campaign Trail
www.nytimes.com

New York cut tens of millions of dollars from the libraries in the past five years — and spent twice as much on the High Line, a park that ignited a luxury real estate price explosion in Chelsea. New Yorkers do not lack for self-regard. Mr. Robins …

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Metro Phoenix home prices continue rise
www.azcentral.com

“Access to finance at the high end of the market has improved recently, with more lenders offering jumbo loans,” said Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School. “Along with good returns from the stock …

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Take Five: REITS may act as inflation hedge
www.investmentnews.com

Over the long term, REITs and real estate have a very similar return profile, but REITs have higher volatility because they're priced on a daily basis. But volatility has nothing to do … Mr. Halle: I still like high–end retail malls. I think the lack …

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Lido Key land sale raises questions over lack of taxes paid
www.heraldtribune.com

Seaward Development LLC's purchase of a 1.12-acre parcel at 129 Taft Drive earlier this month marks the latest in a series of high–end real estate transactions that appear to have shortchanged the documentary stamp taxes that help fund court systems in …

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The Thinker: Smartphone Society
www.thejakartaglobe.com

… at the end of the month. True, certain branded cell phones are still offered at relatively high prices, from Rp 5 million to Rp 10 million ($475-$900), but many generic brands are available for only a few hundred thousand rupiah. Besides the …

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