Bitcoin will go far beyond payments in the future

bitcoins

Bitcoin and other digital currencies have captured the attention of the media, entrepreneurs, and regulators. The coverage has described exchange meltdowns, price volatility, and government crackdowns. However, the focus on Bitcoin as a currency may distract businesses and governments from its disruptive impact: as a technology.

 

 

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Is buying Monopoly’s Boardwalk really worth it?

boardwalk

Is buying Boardwalk the best strategy?

Monopoly is a bonding experience in some families. For other families, it’s a Machiavellian affair that tosses love and loyalty aside in favor of a capitalistic bloodlust where there is but one goal: Drive mom, dad, grandma and weird Uncle Steve into bankruptcy as soon as possible.

 

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Skyscraper Building Boom in China

 shanghai building

Shanghai Tower illustrations are displayed outside its construction site in Shanghai.

 Visiting Chinese President Hu Jintao, in Chicago today, will see a city famed as the birthplace of the skyscraper, for decades the towering symbol of U.S. economic ambition and power. These days, China has taken over as the skyscraper’s home.

 

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High-end ‘Mansion Squatting’ is a Growing Trend Around the U.S.

booking photo of the quaids

Randy and Evi Quaid were found squatting in a guest house on a million-dollar property Quaid once owned.

On the big screen, actor Randy Quaid may be best known for his mooching, move-in-and-never-leave character “Cousin Eddie” from National Lampoon’s “Vacation” films. Last weekend, he allegedly followed his own Hollywood script.

 

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China Increases Residential Land Supply by 135% in 2010 to Cool Red-Hot Housing Market

china's housing market

Land supply up 135% in Chna.

China provided 56,000 hectares of land for residential use in the first six months of 2010, up 135 percent over the same period last year, according to the Ministry of Land and Resources.  A significant increase in the availability of land for housing was reported in areas like Guizhou Province, Beijing, Jiangxi Province, Heilongjiang Province and the Ningxia Hui Autonomous Region, said a statement on the ministry’s website.

 

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Violent Crime Rate Down in U.S. for Third Year in a Row

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Violent crime declined for third straight year.

The violent crime rate in the United States went down in 2009 for the third year in a row and the property crime rate fell for the seventh consecutive year, the FBI reported Monday. The decline last year amounted to 5.5% for violent crime compared to 2008 and the rate for property crime was down 4.9%.

 

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Renting Out Your Property A Good Way to Keep the Cash Flowing, But There Are Renter Roadblocks to Consider

rent

Renter roadblocks

It seemed like a smart idea at the time. The apartment was lovely — new construction, three bedrooms, three and a half baths, nearly 2,000 square feet on the Upper East Side. The asking price was $2.995 million. A year earlier it would have gone fast.  But this was early 2009 and the economy was in tatters. Offers were pathetic — the best, $2.2 million. Forget it, the owners said. We’ll rent the place.

 

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Many Time Share Owners Stuck With Financial Burden

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Many time share owners stuck trying to sell their time shares

For Stacey Udell, a Craigslist ad enticing her to own a piece of property in the Bahamas for $3,000 was too good to pass up.  The accountant from Cherry Hill, N.J., jumped on it, and became one of 6 million Americans who own a time share, shared vacation property that owners get to stay in for a week or so each year for life.

 

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Poll: 85% of Chinese People Cannot Afford a Home

construction

Construction of new homes continues unabated in Shanghai

In the street, Ma Qin looks like a typical young professional representative of the vitality of China’s most cosmopolitan city. The 30-year old works a nine-to-five job in an IT consultancy company in a downtown office. He wears a suit every day and commutes on the subway. He makes about $2,000 every month, not a big number in the city but still the envy of most at this age nationwide.

 

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