“Churches are tax exempt because they are supposed to provide a public good. To prove that good to the IRS, churches arent supposed to hoard their money. They are supposed to spend it on goods and services for the faithful. Under this pretense, the church has made massive investments in tax free real estate all over the world. And when it comes to labor costs, they are almost free.” WorldMadeRealChurchCostProveTaxesLaborInvestmentFaithfulMassiveGoodsEstatesPretenseIrsPublic GoodGoods And Services Author:Lawrence Wright
“If any American really believes that Obamacare is going to control costs, I've got some real estate in Whitewater, Arkansas I'd like to sell them.” IfsBelieveRealCostSellsEstatesObamacareArkansas Author:Jonathan Gruber
“You want to track Hollywood careers, look in the real estate section. You see a guy buy a house that costs $6 million, and you can literally start counting the days until he starts doing crappy movies.” WantLooksRealGuyHouseCareersMillionsCostHollywoodTrackEstatesSectionsCounting Author:Chris Rock
“I really see the U.S. staggering under the burden of three blows. One is 9/11 and the threat of terrorism, which is still huge in Syria, Iraq, and elsewhere. The second is the failed 2003 war in Iraq, which cost so much and ruined America's credibility in the eyes of so many. Obama has repaired it to some extent, but those scars are deep. And then, thirdly, banks failed, the whole real estate market had the carpet pulled out from under it.” StillsWarRealWholeEyeAmericaThreeHugeCostThreatIraqBlowBurdenTerrorismScarElsewhereSyriaEstatesRuinedCarpetCredibilityStaggeringReal Estate Market Author:Chris Alexander
“Real estate is the key cost of physical retailers. That's why there's the old saw: location, location, location.” RealSawsKeysCostEstatesLocationRetailers Author:Jeff Bezos