REAL ESTATE

Real Estate



Real Estate

Introduction

Many people like it when their property is rising in price. At this time, people become intoxicated by greed and absorbed by the idea of owning real estate as an investment. However, once the property becomes an investment, real estate prices begin to behave as an investment, and volatility introduced into the system. You do not want real estate market volatility trading with commodities. It causes more harm than good.

On happy days, we live, in bad days we learn. There is an immense learning opportunity when researching the very worst of days, those involving traumatic events and disasters. Healthy baseline performance and profitable growth are the goal for most organizations. Most people seem to enjoy themselves and have healthy behavior on a enjoyable day. The danger is an inherent part of human existence (Kasperson & Pijawka, 1985). When trauma strikes, it exposes raw emotions and core human behaviors. In turn, both practitioners and scholars have key roles in documenting the damage, measuring the damage, and facilitating the process of rebuilding lives and communities. Such information is of value in understanding the dynamics of “bad days” and related issues of posttraumatic behaviors in the hopes of minimizing them and creating more “good days.”

Discussion

Many economists worried were last year (2001) that the wealth loss from falling Share price would force consumers to cut their spending. Even after the recent recovery, American stocks are still worth 25% less than two years ago. Even the after the recent recovery, American stocks are still worth 25% Less than Two years ago. As, falling share prices made some households feel poorer, rising house prices have made many more feel richer. As, falling share Prices Made Some Feel Poorer Households, rising house price Have Made Many more feel richer.

Over the past year, average house prices in America have risen by 9%, their fastest-ever in real terms. Although American households as a whole have more of their wealth in equities than in housing, a relatively few rich people hold the bulk of the shares. For most people, housing is by far their largest form of wealth. Although as Whole American Households have more of their wealth in equities than in housing, a FEW Relatively wealthy people hold the bulk of the shares.

For most people, housing is by far largest their form of wealth. Two-thirds of Americans own their homes, and gains in the value of those assets have encouraged them to keep spending. Two-Thirds of Americans own their homes, and gains in the value of assets those have encouraged to keep them, spending.

As an economist, these isolated “data points” dismissed as statistically insignificant “outlier” behavior. Financially it was illogical to rehabilitate homes that were so severely damaged. Sociologically it was difficult to explain why someone who had lived in a tidy, middle class neighborhood would now choose to live in this primitive way. The media also ignore these outlying behaviors and instead focused upon the masses who fled or, in the case of ...