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First a little background : MONTEVIDEO, Uruguay (AP) — Raging wildfires in the Argentine Patagonia have blazed through nearly 12,000 hectares of scrubland and planted and native forests, threatening local communities, according to firefighting authorities in a report published Sunday. The fires started almost a week ago in the Andean region of the Argentine province of Chubut and are putting a power plant and a school at risk as well as affecting rural properties. The causes of the fires have not yet been established, but Chubut Gov. Ignacio Torres told journalists on Thursday there are indications that one of the biggest active fires was deliberately set . “The wretches who started the fire are going to end up in jail,” Torres said, while announcing a reward of 50 million pesos (approximately $34,000) for anyone who provides information about the incident. Volunteer firefighter Jorge Aranea in El Hoyo was battling to control the flames on Friday. “It’s sad to see everything burning. A...

 

  Odd But True : Pro-Palestinian supporters are calling for a second real estate event planned north of Toronto to be called down over concerns it involves the selling of land in the occupied West Bank. On Sunday, dozens of people gathered near the Aish Hatorah synagogue in Thornhill, Ont., to protest an event that organizers say was aimed at helping people in the Toronto area buy property in Israel. They were met with pro-Israeli counterprotesters and Jewish leaders took issue with the Sunday protest taking place outside a synagogue. But pro-Palestinian protesters say companies associated with the event market property in the West Bank, where over two million Palestinians live under Israel's military occupation, according to the United Nations (UN). A similar event is expected to take place Thursday at another synagogue in the area. It is unclear whether the two events are connected. "We weren't there because it's a synagogue, we were there because we were protesting ...

From CNN : Many millennials are currently grasping in frustration at long-held American Dreams like homeownership, a steady job and an affordable cost of living. However, over the next twenty years, Millennials are poised to inherit some $90 trillion of assets and become the richest generation in history – but only the ones who already come from affluent families, potentially deepening wealth inequality further . Between now and 2044 in the US, the Silent Generation and Baby Boomers are expected to hand over the reins of their significant wealth to Millennials, according to The Wealth Report, a periodic report from global property consultant Knight Frank. But whether you’re a Millennial on the receiving end of that wealth transfer is largely a lottery of birth. Ultimately, this wealth shift is a result of inheritance from prior generations, largely involving property but also other assets . It will bring “seismic” changes to how wealth is put to use, said Liam Bailey, global head of re...

 Apparently not every Boomer in a comfortable home want that much real estate : After 33 years and four children, Baby Boomers Marta and Octavian Dragos say they feel trapped in what was once their dream home in El Cerrito, California. Both over 70, the Dragos are empty nesters, and like many of their generation, they’re trying to figure out how to downsize from their 3,000-square-foot, five-bedroom home. “We are here in a huge house with no family nearby, trying to make a wise decision, both financially and for our well-being,” said Dragos, a retired teacher. But selling and downsizing isn’t easy, appealing or even financially advantageous for many homeowners like the Dragos family. Many Boomers whose homes have surged in value now face massive capital gains tax bills when they sell. This is a kind of tax on the profit you make when selling an investment or an asset, like a home, that has increased in value. Plus, smaller homes or apartments in the neighborhoods they’ve come to lo...