There are three primary methodologies employed to determine real estate value in the appraisal industry： the cost approach, the sales approach and the income approach. The definition of market value is defined as： ...There are three primary methodologies employed to determine real estate value in the appraisal industry： the cost approach, the sales approach and the income approach. The definition of market value is defined as： ＂a type of value, stated as an opinion that includes a set of assumptions concerning the market＂. Unfortunately, untrained and unlicensed appraisers provided opinions using primarily the sales approach or market data approach and virtually ignored the other two methodologies. The ensuing game of ＂Can You Top This＂ resulted in creating an out-of-control real estate market driven by unregulated fiduciaries as appraisers.展开更多
Against the background that the central government is strengthening macro control and tightening credit scale of real estate businesses, financing capacity becomes the determinant for a real estate enterprise＇s devel...Against the background that the central government is strengthening macro control and tightening credit scale of real estate businesses, financing capacity becomes the determinant for a real estate enterprise＇s development. Domestic enterprises have many ways of financing, and this paper describes ten common models, simply analyses the advantages and disadvantages of each model, while explains and recommends three financing models with practical examples： individual entrusted loan, trust financing and assets securitization.展开更多
There have been investigated empirically the influence of macroeconomic and real estate market variables on the level of non-performing loans in the Baltic States. A secondary goal was to analyze the effect of constan...There have been investigated empirically the influence of macroeconomic and real estate market variables on the level of non-performing loans in the Baltic States. A secondary goal was to analyze the effect of constant loan portfolio growth on the level of non-performing loans in mentioned countries and to define the type of influence of the variables （i.e., long-term or short-term）. The research indicates that all variables except the growth rate of the real estate market （RRE） have long-term influence on the level of non-performing loans. RRE has short-term influence and variables influence is associated with the development of another variables. The influence of RRE played an important role, but it was not as crucial as it has been previously assumed. If a respective credit risk management is applied, the influence of RRE is to be eliminated. The research results indicate that the most significant reason for the growth of non-performing loans for the Baltic States presented by rapid growth of aggregated loan portfolio and unemployment rate. The increasing influence of rapid loan portfolio growth proves the assumption that banks＇ credit risk management policies underestimated the changes in the macroeconomic variables during the analyzed period. The changes in the real GDP had initial influence on the economic situation deterioration for Baltic States.展开更多
This essay suggests that in 1962-1963, before Birmingham and the March on Washington, a coalition of Black and White civil rights activists, labor, and religious leaders were in the vanguard of the struggle both on th...This essay suggests that in 1962-1963, before Birmingham and the March on Washington, a coalition of Black and White civil rights activists, labor, and religious leaders were in the vanguard of the struggle both on the Pacific Slope and in the nation. Berkeley＇s battle for fair housing represented an important phase of the civil rights struggle on the west coast and in cities where racial segregation was not based on law, but part of a conspiracy, silent but quite effective, among realtors, mortgage lenders, and renters, against Blacks and other minorities. Encouraged by state antidiscrimination legislation, Berkeley activists embarked upon a fair housing campaign based on surveys of the problem, efforts to enact legislation, and direct action. The irrationality of racists who defended their right to discriminate was one of the most singular aspects of the fair housing struggle. Though they lost at the local level, the coalition of new political forces succeeded a few months later at the state level and represented an effective force in liberal politics in the city for years to come. Because of the stiff opposition and the limits of reformers＇ liberal fair housing regulations, however, working class and poor African Americans still faced severe housing problems.展开更多
文摘There are three primary methodologies employed to determine real estate value in the appraisal industry： the cost approach, the sales approach and the income approach. The definition of market value is defined as： ＂a type of value, stated as an opinion that includes a set of assumptions concerning the market＂. Unfortunately, untrained and unlicensed appraisers provided opinions using primarily the sales approach or market data approach and virtually ignored the other two methodologies. The ensuing game of ＂Can You Top This＂ resulted in creating an out-of-control real estate market driven by unregulated fiduciaries as appraisers.
文摘Against the background that the central government is strengthening macro control and tightening credit scale of real estate businesses, financing capacity becomes the determinant for a real estate enterprise＇s development. Domestic enterprises have many ways of financing, and this paper describes ten common models, simply analyses the advantages and disadvantages of each model, while explains and recommends three financing models with practical examples： individual entrusted loan, trust financing and assets securitization.
文摘There have been investigated empirically the influence of macroeconomic and real estate market variables on the level of non-performing loans in the Baltic States. A secondary goal was to analyze the effect of constant loan portfolio growth on the level of non-performing loans in mentioned countries and to define the type of influence of the variables （i.e., long-term or short-term）. The research indicates that all variables except the growth rate of the real estate market （RRE） have long-term influence on the level of non-performing loans. RRE has short-term influence and variables influence is associated with the development of another variables. The influence of RRE played an important role, but it was not as crucial as it has been previously assumed. If a respective credit risk management is applied, the influence of RRE is to be eliminated. The research results indicate that the most significant reason for the growth of non-performing loans for the Baltic States presented by rapid growth of aggregated loan portfolio and unemployment rate. The increasing influence of rapid loan portfolio growth proves the assumption that banks＇ credit risk management policies underestimated the changes in the macroeconomic variables during the analyzed period. The changes in the real GDP had initial influence on the economic situation deterioration for Baltic States.
文摘This essay suggests that in 1962-1963, before Birmingham and the March on Washington, a coalition of Black and White civil rights activists, labor, and religious leaders were in the vanguard of the struggle both on the Pacific Slope and in the nation. Berkeley＇s battle for fair housing represented an important phase of the civil rights struggle on the west coast and in cities where racial segregation was not based on law, but part of a conspiracy, silent but quite effective, among realtors, mortgage lenders, and renters, against Blacks and other minorities. Encouraged by state antidiscrimination legislation, Berkeley activists embarked upon a fair housing campaign based on surveys of the problem, efforts to enact legislation, and direct action. The irrationality of racists who defended their right to discriminate was one of the most singular aspects of the fair housing struggle. Though they lost at the local level, the coalition of new political forces succeeded a few months later at the state level and represented an effective force in liberal politics in the city for years to come. Because of the stiff opposition and the limits of reformers＇ liberal fair housing regulations, however, working class and poor African Americans still faced severe housing problems.
