...Under a staggering development of economy, many people immigrate to foreign country, such as USA, UK and Australia. Therefore, they promote development of economic of these countries, as well as bringing to negative effects. In this essay, I will discuss that how influence the economic of developed countries. For example, population of America will be twice in this century. Especially, the number of children increased sharply. So that need as twice as houses, cars, roads, prison, hospitals, schools water treatment facilities and so on. Therefore American needs more nature resource than before. Firstly, immigration helps late Twentieth Century Massachusetts economy in America. More specifically, during in 1970s, as population of Massachusetts move to other place and Massachusetts of birth rate decreased sharply. Massachusetts suffered from urban flight, closing industrial, and so on. However, in 1980s considerable immigrations that come from different countries settled in Massachusetts, which bring a host of labors. Under depressing economy, most of labors can find a job on manufacturing, thereby promoting the development of economy. For instance, much immigration is employed in manufacturing, which in every 100 workers, there are 78 workers in this department. Secondly, immigration that has high-skilled makes a great contribution on the economy of Massachusetts. Comparing with native people who have professionals such as engineers’ physical scientists and computer scientists...
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...Singapore (AASingapore). The core businesses of CapitaLandare hospitality and real estate financial services, having its footage in both Asia Pacific and Europe. It is one of Asia's largest real estate companies, with its’ headquarter located in Singapore(“About CapitaLand”, 2014, para 1)1. Automobile Association of Singapore (AASingapore) is a leading motor association which serves its members mainly in roadside recovery services and providing other services(“About AA”, 2008, para 2)2. 2. Evaluate The Opportunities, Threats, Strengths And Weaknesses Of The Organisations Using Strategic Models In order to analyse the two significantly different organisations, an evaluation on their external & internal environments was made using various strategic models to compare and contrast their opportunities and threats they face, as well as their strengths and weaknesses. 2.1 An Organization's External Environment (Coulter, 2013)3 2.1.1 General Environment The general environment, according to Coulter (2013)3, includes economic, demographic, socio-cultural, political-legal and technological sectors. Each of these aspects is evaluated to determine if an opportunity or threat is posed to CapitaLand and AA Singapore. An Organization's External Environment (Coulter, 2013) 3 a. Economic The growing affluence of both the Singapore and China market, which boast a large number of millionaires (Hannah Goldberg, 2014)4&(Neerja Jetley,2013)5, is an opportunity to CapitaLand...
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...Jeans maker backs push on ethical factories * Jeans maker launches push on ethical factories * Rana Plaza collapse one year on * Death sentences deepen Bangladesh political hostility IN International Property * Cape Town — return of the trophy hunters * Bund and beyond — Shanghai’s riverfront market * Rise of London’s superhomes * Strong housing market puts Atlanta in a new light Sign up now FirstFT is our new essential daily email briefing of the best stories from across the web “If you brought a property in Dhanmondi [one of the most affluent residential areas in Dhaka] for 6.45m taka [$83,000] in 2005, that would have increased five or six times by now,” says Kazi Inam Ahmed, owner of Gemcon City, a new estate agency. In fact, Goldman Sachs has placed Bangladesh in the “next 11’” category after the Bric countries and its “Mint” (Mexico, Indonesia, Nigeria and Turkey) group as an emerging economy. Furthermore, from out of its bewildering, densely packed capital, properties are now starting to emerge that can match such aspirations. In the north of the city, modern blocks that would not look out of place in Hong Kong or Singapore surge upwards from 1980s-era family houses, long considered obsolete, where residents were once able to have gardens. In Navana Karatoya, an apartment block in the upmarket Baridarah area, Muhammad Miah, a plumber, installs a remote-controlled toilet in a property overlooking Gulshan...
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...EXECUTIVE SUMMARY The real estate industry consists of a collection of industrial and services sectors of the economy such as construction, brokerage services, mortgage banking, property management and even architecture and design. The real estate industry deemed ...
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...project concept plans, bulk massing and building configurations, parking layouts, construction issues, Boulevard Terrace alternative driveways, conceptual unit sizes/mix, and other plan components. MBH was on hold for approximately one week, while we initiated the 2 market studies needed prior to finalizing the unit plans, sizes, mix, etc. MBH was given direction to move forward for the 3 parcels, assuming rental apartment product for Site A, and for-sale condominium product for Sites B and C. Preliminary plans have been presented by MBH for Sites A and C, and we are reviewing them further. We will be providing further direction on preferable unit floor plans for MBH to refine and incorporate into the plans. We have engaged 2 separate real estate market consulting firms - Paul Zeger-Polaris Pacific, and Susan State Associates, to provide recommendations for both for-sale and for-rent product, regarding such issues as unit sizes, unit mix, pricing, target markets, buyer/renter profiles, project amenities, and other important market information. Paul Zeger presented a draft of the Polaris-Pacific market analysis on 6-26-13. We are currently reviewing the draft. Susan State is scheduled to provide an initial draft study on 7-10-13. We were planning to submit the combined applications for General Plan Amendment, P-1 Planned Unit Development Rezone, Final Development Plan approval, TPM condo, and Lot Merge, on August 12, 2013. Given the need for MBH to catch up in its planning and design...
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...Elliott Slater BUSN 5200 Week 1 Homework Assignment 8/25/2013 1. The field of finance is basically deciding what to do with the money you have, and the field of accounting deals with figuring out how much money you have. 2. The two departments that the finance function is divided into are treasurer and controller. The treasurer’s office is responsible for managing the firm’s cash and credit, its financial planning, and its capital expenditures. The controller’s office handles cost and financial accounting, tax payments, and management information systems. 3. The three forms of business generally encountered in the US is sole proprietorship where one person owns everything, partnership where two or more people jointly own everything, and corporation where owners may be any number of people who all own shares of the business/stock. 4. The basic goal of a business is to maximize the wealth of the owners/stockholders. 5. Wealth is what each of the owners possesses as a result of being an owner, and it is stated on a piece of paper in the “share of stock” that gives the owner the right or claim to receive money from the corporation. 6. The three main factors that affect the market price of a corporation’s stock is expected EPS which is the profits per share, timing of cash flows, and risk which is the possibility of not getting expected cash flows or of having to pay them to someone else. 7. Saying that the basic financial goal of a business is to...
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...The great Australian dream of home ownership for many is literally just dream with soaring house prices, Sydney is continually mentioned in the top 20 most expensive cites in the world to buy property in. Over the past decade we have seen a substantial increase in housing prices and a reduction in housing affordability in Australia. Home ownership in Sydney has been a hot topic of discussion for many years and housing affordability has been a key policy goal for government. Both state and commonwealth governments have funded numerous housing assistance programs over the years. With the one goal in mind to help first home buyers achieve the great Aussie dream by buying their first home. In September 2008 the Global Financial Crisis came to a head with the US government allowing the investment bank Lehman Brothers go bankrupt. Up to that point it was always assumed that the US government would bail out any bank that got into trouble, this was not the case and banks were now deemed ‘risky’ (Elliott, The Guardian, 2011).Governments all over the world scrambled to prop up their economy to ‘ride out the storm’. The Rudd governments First Home Buyers Boost was just one part of the economic stimulus package rolled out to hopefully reduce the chances of Australia facing the same fate that the United States of America did when the Global Financial Crisis hit. I will discuss the First Home Buyers Boost scheme that was implemented to encourage first home buyers into the housing market whilst...
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...Indiabulls Real Estate Ltd. “Focus is the single most important virtue that will lead us to our goals.” Sameer Gehlaut, Chairman, Indiabulls Real Estate Ltd (2007) If the essence of the Indiabulls story were to be communicated in one word, the word would be “focus”. Indiabulls began its journey as an online brokerage start-up in the year 2000, and within a span of mere 10 years it has become India’s largest retail brokerage firm, and one of the largest non-banking financial institutions in India. The group has achieved unparalleled growth – successfully venturing into real estate business, and power sector as well. Incorporated as the real estate arm of Indiabulls Financial Services Ltd (IBFSL), and demerged in 2006, Indiabulls Real Estate Ltd (IREL) has been involved in project development and construction, project management, investment advisory and other allied services in the real estate space. Indiabulls Power, incorporated in 2007 as a 100% owned of subsidiary of IREL, was also soon demerged keeping in line IBREL’s strategy of demerging its non-core businesses in order to remain focused. One rationale behind the step was that all companies need to be independent in order to attain focus and to ensure that one balance sheet does not, in any manner, affect the other. The second reason was that the firm did not want to expose their real estate shareholders to project execution risks of the power sector. The third rationale was that power business would eventually be...
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...Introduction: The real estate market is one of the essential components of any national economy. Without the real estate market may not be the market in general as well as the labor market and the capital market by themselves without property are unlikely to exist, as even financial institutions (banks, stock exchanges, investment companies, etc.) must be part of the real estate market to purchase or rent space required for their activities. The development of the real estate market depends on many factors, among which in the first place there are supply and demand. But as every market, real estate one cannot be perfect. Most disastrous situation is appeared at the Honk Kong. The Hong Kong government is trying to curb the price of the houses rise that already counts to 42% by the last 1.5 year. Just this year, home prices rose by 10,5%. It is assumed that by the end of 2012, prices will increase by 12% (HKSAR, 2011). This issue creating a possibility of bubble appears at the property market. This essay will explain main patterns of this issue and provide an explanation of it by the using demand and supply theory (part 1 of the essay), as well as describing some of the possible consequences if this situation will not change in recent time(part 2 of the essay). Part 1: Is it has been mentioned before that real estate market are mainly based on the supply and demand theory. According to Oreste(1997), main property of the demand is that, when there is existing immutability of all...
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...A Brawl in Mickey’s Backyard Discussion Case A Brawl in Mickey’s Backyard Discussion Case 1. What is the focal organization is the case, and what is the faces? SunCal the real estate developer is the focal organization. A dispute between SunCal a real estate developer and Walt Disney Company a best-known media and entertainment companies in the world. The dispute was about the purchase and development of 26-acre site in the resort district in Anaheim, California. SunCal the real estate developer’s plan was to build around 1,500 condominiums on the site, with 15 percent of the units set aside for below-market-rate rental apartments. Because the site was in a designated resort district, the developer required special permission from the city council to proceed. The developer faced challenges in obtaining the permit, because its plans were opposed by the Walt Disney Company, which hoped to expand its theme park across the street from SunCal’s site. 2. Who are the relevant market and nonmarket stakeholder in this situation? Disney employees The Walt Disney Company City of Anaheim City Council 3. What are the various stakeholders’ interest? Please indicate if each stakeholder is in favor of, or opposed to SunCal’s proposed development. Favor Disney employees – affordable housing near place of employment (Walt Disney Company). Opposed The Walt Disney Company – Argues that the 26 acre of land should only be used for tourism. Split on the issue Anaheim City...
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...Lotus Riverside Apartments The Lotus Riverside Apartment Complex was a newly built residential complex in Shanghai China that toppled over. It was a 13 story building that tumbled over before the building was all the way complete for move in. The building was built with a car garage attached to the bottom of the complex and the building collapsed while the workers were in process of excavating the area for the garage. The Lotus Riverside Complex failed due to many construction errors such as faulty foundation and improper assessment of environment before construction. The workers while excavating the dirt for the garage dumped the dirt on the opposite side of the building. When it rained the excavation started to fill with water and the pressure from the dirt changed the water table of the ground and created three thousand tons of force along with uneven lateral pressure and thus the pilings in the ground to support the building gave way and snapped off sending this thirteen story high building tumbling right over. The building was surrounded by other buildings but was far enough not to affect any of the other surrounding buildings. Engineers who came to the scene of the fallen building said that if the building would have come in contact with other buildings it could have created a domino effect and wiped out a total of nineteen buildings in a matter of minutes. This building disaster could have easily been avoided if the head engineers would have took the time out...
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... Fannie Mae and Freddie Mac do not lend money directly to individuals. Rather, they are meant to establish a regular flow of funds banks actual payment of housing loans. Buy lenders from mortgage lenders - commercial banks, savings institutions and credit unions - which in turn allows these institutions to make additional home loans. Fannie mae was established in 1938 during the administration of President franklin d. Roosevelt when millions of families can't afford to buy a home. Freddie MAC in 32 years later. In 2007, the two companies announced the total loss of less than $5.2 billion, according to a report to congress. Before that, they didn't released since 1982, the total losses. In order to prevent crushing blow the real estate market, the federal government rescued company. Fannie mae and Freddie MAC, the financial problem does not pose a risk, if you do not intend to sell your home quickly or you don't want to refinance. That's because you don't have to worry about mortgage rates. And does not affect your current mortgage, so you should continue to pay agreement. My concern is that we really do not know what the market will Fannie Mae and Freddie Mac did not do. We know that there are too many countries in the region, the working class can not afford. If the price of mortgage loans increased significantly in Fannie Mae and Freddie Mac in the case, we may return to a time when the only economically wealthy families can afford. With homeownership...
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...CMIS102 Homework Assignment 1 (Worth 13% of your grade) Student Name: Jacklyn Smith Class/Section: CMIS102 / Section 7986 Professor Name: Clarence Huff Assignment due date: 03Nov2013 Problem definition: Calculate the usable area in square feet of house. Assume that the house has a maximum of four rooms, and that each room is rectangular. A. Problem Analysis – Following the directions in the assignment, clearly write up your problem analysis in this section. |Input |Processing |Output |roomWidth |Read roomWidth |totalArea |roomLength |Read roomLength | |Calculate area | |Calculate totalArea | |Display totalArea B. Program Design – Following the directions in the assignment, clearly write up your problem design in this section and comment your pseudocode. Begin Declare roomWidth...
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...To Mr., I would like to interest you in a business proposition. I have a land venture that I would love for you to invest in with me. Your investment money would help me purchase the property and the materials needed to build the homes on them. I will then turn around to sell them for a very high profit that we will share in. The property I have in mind to purchase is in Florida. The land is dirt cheap since it is located in the swamps. Of course, we won’t tell that to the buyers. I will be doing a lot of the selling online so that the prospective suckers (I mean buyers) will be none the wiser. I will be building one house impeccably the others will be made cheaply. The first home will be the bait home, of course. My cousin owns a construction company and has cheap laborers and knows how to cut corners for the rest of the homes so that the buyers are none the wiser. With the money we save off of the cheap labor, homes, plus the very cheap land, we will increase our money by over 400% mark up value. We can also, have a secondary business going to get rid of the alligators off the property once the buyers figure out that they are there. So the money will just keep rolling in. If you are interesting investing in this lucrative deal please get a hold of me. Sincerely, Your...
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...Exam #3 ACNT 1331 Spring 2012 | | 1. Terry Trumbull purchased a tract of land. In order to have city water, he had to pay the water company $5,000 to extend the water line to his property. The $5,000 cost is an addition to the basis of the land. a. True b. False Answer: _____ 2. The basis for nonbusiness property changed to business use is the greater of the adjusted basis of the property or its fair market value on the date it is converted to business use. a. True b. False Answer: _____ 3. David Dawson owned two shares of a corporation's common stock. He paid $60 for one share and $30 for the other share. The corporation declared a stock dividend which gave stockholders two new shares of common stock for each share they held. After the distribution, David owns six shares of stock with an adjusted basis of $15 each. a. True b. False Answer: _____ 4. For purposes of the related party rules, the taxpayer's parents are "related persons," but the taxpayer's siblings (brothers and sisters) are not. a. True b. False Answer: _____ 5. The wash sale rules merely postpone the loss until the taxpayer sells the securities in a nonwash sale transaction. a. True b. False Answer: _____ 6. Leonard Lambert's commercial building, which had an adjusted basis of $500,000, was partially destroyed by fire. The fair market value was $800,000 just before the fire and $600,000 immediately after. Leonard received $150,000 insurance proceeds and deducted...
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