‘Bitcoin Jesus’ promises the rich a tax-free paradise

bitcoin jesus roger ver

‘Bitcoin Jesus’ – Roger Ver

In the workd of cyber-currencies, Roger Ver is known as “Bitcoin Jesus.”  Though he can’t promise you heaven, he is offering a haven: a condo in the Caribbean that comes with a new passport and almost zero taxes. Ver is an ex-U.S. citizen, ex-convict, millionaire investor, self-described libertarian and founder of Passports for Bitcoin.

 

 

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Wall Street investors buying up distressed area single family homes

Hedge funds, Wall Street investors and other institutions are crowding out individual home buyers.

Wall Street investors are pouring unprecedented amounts of money into real estate hard hit by the housing crash, bringing those moribund markets back to life but raising the prospect of another Wall Street-fueled bubble that won’t be sustainable.

 

 

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Jobs that became a thing of the past in 2011

postal worker

The Postal Service has considered canceling Saturday delivery, closing post offices and laying off some of its 280,000 workers.

The newest generation of of tech-savvy workers grew up hearing that the jobs they would hold as adults hadn’t even been invented yet. No one mentioned that the jobs they had come to think of as permanent might become a thing of the past.

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18% of Homes in Florida Are Vacant

vacant homes in Florida

The worst-hit county in Florida  is Collier — home of Naples — with a whopping 32% of homes empty.

It’s not always easy to feel sorry for sunny Florida. But it just got hit with another blow.  The Census Bureau revealed that 18% — or 1.6 million — of the Sunshine State’s homes are sitting vacant. That’s a rise of more than 63% over the past 10 years.

 

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Owning a Home in the U.S. Loses It’s Luster

For-Rent

Economic uncertainty, unstable prices and simple math have given Americans less incentive to buy.

Meredith Carr and Vince Melamed of Brentwood are just the sort of couple real estate agents have always counted on to buy a home.  Melamed is a successful keyboardist and songwriter who wrote hits including Trisha Yearwood’s “Walkaway Joe,” and Carr is a freelance editor. They owned a home in Nashville, but when they moved to Los Angeles last year they decided they did not want to tie up their money in real estate, or be on the hook for home repairs and upkeep.

 

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