News: Real Estate, Risk, Economics. Jun. 28, 2017

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Table of Contents
(Click to sections below.)

1) Nearly 200,000 Construction Workers Added Since May 2016; Construction Unemployment Rates Improve in 24 States

2) NSC Releases State of Safety Report, No State Earns an 'A' Across the Board

3) FBI raids office of real estate broker at center of 7 Action News investigation – WXYZ[dot]com

4) Is real estate investing right for you? | The Business Times

5) View Dynamic Glass CEO on smart window technology

6) Democrats Help Corporate Donors Block California Health Care Measure, And Progressives Lose Again | International Business Times

7) Europe's Gradualist Fallacy

  1.    Nearly 200,000 Construction Workers Added Since May 2016; Construction Unemployment Rates Improve in 24 States

    "Despite the year-over-year increase, this was the third lowest national not seasonally adjusted May construction unemployment rate on record and the second lowest rate since May 2000," said Bernard M. Markstein, Ph.D., president and chief economist of Markstein Advisors, who conducted the analysis for ABC.

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  2.    NSC Releases State of Safety Report, No State Earns an 'A' Across the Board

    "Safety is no accident. We lose more than 140,000 people [per year] because of events we know how to prevent."

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  3.    FBI raids office of real estate broker at center of 7 Action News investigation – WXYZ.com

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  4.    Is real estate investing right for you? | The Business Times

    The IRS also might allow accelerated depreciation from tenant improvements made to entice a new tenant or keep an existing one. This could allow an owner to take much of the cost of the improvement to the rental space on a five-year depreciated basis more in congruence with the useful life of the improvement instead of 39 years.

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  5.    View Dynamic Glass CEO on smart window technology

    CEO of View Dynamic Glass Rao Mulpuri discusses his technologically advanced window product that eliminates the need for shades and curtains.

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  6.    Democrats Help Corporate Donors Block California Health Care Measure, And Progressives Lose Again | International Business Times

    "Providing full universal coverage would increase overall system costs by about 10 percent, but … single payer system could produce savings of about 18 percent," concluded a May 2017 study led by University of Massachusetts-Amherst economist Robert Pollin. "The proposed single-payer system could provide decent health care for all California residents while still reducing net overall costs by about 8 percent relative to the existing system."

    Most importantly, everyone would be equally covered.

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  7.    Europe's Gradualist Fallacy

    Yanis Varoufakis is completely correct about gradualism and that Macron's plan will fail; however, the current leadership of Germany will never accept Yanis' proposal. They are way too self-centered. The only way to save the project for European democratic-union appears to be to oust them.

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