The Importance of Real Estate

Real Estate is a very profitable industry to get into, mainly due to the fact that it appreciates in value.  It is one of the most secure investments an individual can make because there is a limited amount of land available to own.  Additionally, land gives one the ability to branch out into different industries or begin projects on their own property.  Ted Turner is the largest private landowner in the United States and is involved in many different environmental projects on his properties.  The article below gives a brief overview into the different things Ted Turner has done with his investments in property. 
http://www.cnbc.com/id/39303528/Ted_Turner_Puts_Conservation_Money_Where_His_Mouth_Is
Although Turner may not be the most upstanding peron, there is no doubt that his success as well as land ownership have granted him power.

There is no one else in the US that is fortunate enough to own the amount of land as Ted Turner, and very few who can compare.  For the rest of us, we must start somewhere.  When asking anyone about the "American dream", they will probably confirm that home ownership constitutes as a part of this dream.  For almost all Americans, home ownership is only made possible by taking out a mortgage loan from a bank.  Unfortunately, prior to 2008, many banks relaxed on their qualifications for obtaining home loans, and those looking to borrow took advantage of the loosened regulations.  Both sides of these transactions began a trend of rising fiscal irresponsibility fueled by less restrictions by banks as well as the nature of average Americans to apply for mortgage loans of the largest possible amount.  This fiscal irresponsibility eventually boiled over and caused the 2008 Housing Crisis.  This meltdown has been the worst economic recession to occur since the Great Depression.  The problem that began in residential real estate eventually bled into almost every other industry within the US economy and has contributed to the Euro-crisis.  Since 2008, the Fed has been doing everything possible to deal with this meltdown, including the use of unconventional regulatory methods.  One such action being taken is Quantitative Easing, the act of buying financial assets from commercial banks with newly created money.  One article that describes the most current act of QE is here: http://www.cnbc.com/id/49018964.
In response to the above article, I believe the Fed has been injecting too much money into the economy.   Because our currency is not backed by gold, we need to be frugile with how much money is printed in order to maintain the worth of our dollar.