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Let the IRS Pay for Day Care
The Motley Fool   Tuesday, 13 February 2007
The Motley Fool - In an ideal world, many families would prefer to have only one parent work, leaving the other to care for young children. But it's increasingly tough to raise a family on a single salary, so many families send both parents out to work -- creating the additional trouble of finding good day care. Aside from a few major exceptions, including Target (NYSE: TGT - News) and Freddie Mac (NYSE: FRE - News), most companies don't provide day care on-site. And the financial benefits of a second paycheck can be eroded by the cost of day care.
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Optimism on growth carries Tokyo stocks
FT.com   Tuesday, 13 February 2007
FT.com - Dealing rooms re-opened after Monday's market holiday in bullish mode, with investors increasingly persuaded that a domestic recovery is now properly underway. The day's trading took the Nikkei 225 Average up to its May 2000 level as real estate issues in particular hit prices last seen in the final days of Japan's bubble economy.
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Blackstone plans to sell properties to Beacon: WSJ
Reuters   Friday, 09 February 2007
Reuters - Blackstone Group's real-estate arm is close to a deal to sell office buildings in Seattle and Washington, D.C., to Beacon Capital Partners, a Boston-based real-estate investment firm, for about $6.5 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter.
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Subprime Woes Sink Mortgage Lenders After HSBC, New Century Fin'l Warnings
Investor's Business Daily   Friday, 09 February 2007
Investor's Business Daily - The housing bust claimed some new scalps Thursday as shares of mortgage lenders sold off on trouble in the subprime loan sector.
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Risk-Cutting Method Attracting Property Investors
Investor's Business Daily   Friday, 09 February 2007
Investor's Business Daily - How do you get commercial real estate investors interested in projects riskier or costlier than usual? One way is to offer billions in tax credits.
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China real estate investment shifts to smaller cities
AFP   Thursday, 08 February 2007

A Chinese construction worker goes about his work on a platform hanging out of a skyscraper building site in Wuhan. Wuhan, Chongqing, Chengdu -- many foreigners may never have heard these names before, but they are Chinese cities where the stage may now be set for the next big Asian property frenzy.(AFP/File)AFP - Wuhan, Chongqing, Chengdu -- many foreigners may never have heard these names before, but they are Chinese cities where the stage may now be set for the next big Asian property frenzy.


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Buyers Battle for Mills
BusinessWeek Online   Tuesday, 06 February 2007
BusinessWeek Online - The bidding war for shopping-mall operator Mills Corp. continues. Simon Property Group and Farallon Capital Management said Feb. 5 that they're offering around $1.56 billion for Mills, or $24 per share. This follows the Israeli real estate company Gazit-Globe's complex offer announced on Jan. 17 to recapitalize Mills for an average $22 per share - when the Canadian investment firm Brookfield Asset Management made its own bid of $21 per share in cash.
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Beijing limits foreign home ownership
AP   Saturday, 03 February 2007
AP - Foreigners in Beijing will be limited to buying a single home for their own use under new curbs imposed amid efforts to slow a surge in housing costs, newspapers reported Saturday.
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China mulls new property, fuel tax
AFP   Sunday, 28 January 2007

An almost-full moon lingers above Beijing's fast-developing skyline.  China is considering a new property tax to cool over-investment in real estate and a fuel levy to reduce oil consumption, the government said.(AFP/File/Frederic J Brown)AFP - China is considering a new property tax to cool over-investment in real estate and a fuel levy to reduce oil consumption, the government said.


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Dollar boosted by durable goods orders, home sales
AFP   Saturday, 27 January 2007

Sheets of one dollar bills are fed through the final press at the Bureau of Engraving and Printing in Washington. The dollar gained ground in the wake of robust US economic news as durable goods orders remained robust and as new home sales rose by more-than-expected last month.(AFP/File/Shawn Thew)AFP - The dollar gained ground in the wake of robust US economic news as durable goods orders remained robust and as new home sales rose by more-than-expected last month.


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New US home sales rose in December, but fell heavily in 2006
AFP   Saturday, 27 January 2007

Bricklayers build a stairway and facade on a new home in Manassas, Virginia. The  Commerce Department has said that sales of new homes rose more-than-expected in December, but over 2006 fell by the biggest margin in 16 years.(AFP/File/Paul J. Richards)AFP - Sales of new US homes rose by more-than-expected in December, but over 2006 fell by the biggest margin in 16 years.


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