Investing

U.S. Federal Reserve's Monetary Policy Raising Concerns of Asset Bubble

The U.S. Federal reserve’s monetary policy has kicked off speculation among experts in the industry about an emerging asset and economic bubble in the country. However, Ben S. Bernanke, Chairman of the reserve has waved away all the concerns claiming that the policy has spurred construction jobs throughout the country and it would not be taking the policy down anytime soon.

Saudi Arabian Mortgage Law Regulations Almost Complete

The Government of Saudi Arabia has finished working on three of the five mortgage laws that it had finalized to ease the shortage of housing in the country. Outlines of the three new regulations were posted Sunday, Feb 24, on the website of Saudi Arabian Monetary Agency (SAMA).The three outlined legislations include- Regulations of the real estate financial law, Regulations of the financial lease law and the regulations of the law on supervision of finance companies.

America’s Largest Home – Versailles Resumes Construction (VIDEO)

Westgate Resort Founder, David Siegel owned, “Versailles” will resume construction after being stalled for around three years. Construction on the home had been put on hold as the global recession had crippled Siegel’s finances. However, now that the economy and housing market is rebounding, the construction is back on track.
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