Topic #1: The Importance of Real Estate 9/16/2012

Real estate is an essential part of the economy. Almost all business deals with real estate in some  way, whether it be office buildings, warehouses, etc. The huge role of real estate in the American economy is evidenced by the huge downturn in the economy that occurred in 2008 due to the housing bubble bursting. Real estate not only is a giant part of the economy, but it is also the central theme in the American dream. Many people have the dream to some day own their own house. Here's a funny example of a realtor that someone could encounter trying to buy their own house.

To see just how the real estate markets effect economics go to the following link http://www.investorguide.com/igu-article-903-real-estate-investing-an-economic-view-of-real-estate.html