The world of finance in general and real estate in specific has become increasingly volatile over the past number of years. Events previously considered infrequent and negligible has become more significant if not more frequent. With the increasingly complexity of the world, neo-classic economic theory is being critiqued for its inadequacy of explaining real world events. Events are not, as the theory suggests, insignificant even if they are assumed infrequent.
For example, the 2008 U.S. subprime crisis serves as the latest reminder of an imperfect financial system. What made this crisis even more significant than a financial dip in the U.S. is the effect it had on other economies. Globalisation and the interconnectedness of economies make what happens in one country important and of concern to another.
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Home Owners Compliance Certificates
/in Property Valuation/by Clive FrancisIf you think that a property is easy to sell and any tom, dick and harry can do it – think again.
Home owners are subject to increasing compliance requirements. Municipal laws require home owners to apply for certain certificates before they sell their property. Here is a few important ones to remember:
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Prescriptive advice for investors in commercial real estate
/in Property Valuation/by David J v VuurenThe world of finance in general and real estate in specific has become increasingly volatile over the past number of years. Events previously considered infrequent and negligible has become more significant if not more frequent. With the increasingly complexity of the world, neo-classic economic theory is being critiqued for its inadequacy of explaining real world events. Events are not, as the theory suggests, insignificant even if they are assumed infrequent.
For example, the 2008 U.S. subprime crisis serves as the latest reminder of an imperfect financial system. What made this crisis even more significant than a financial dip in the U.S. is the effect it had on other economies. Globalisation and the interconnectedness of economies make what happens in one country important and of concern to another.
Read more