Sign In
Not register? Register Now!
Essay Available:
You are here: HomeEssayBusiness & Marketing
Pages:
2 pages/≈550 words
Sources:
Level:
Harvard
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 8.64
Topic:

A Perfect Storm for Property Prices (Essay Sample)

Instructions:

Please write in report format,a list of contents with title of article and a reference page are required (It is also referred in one of the file) 2.\'The turn it in\' will be check similarity .Please make sure do your own word ,thanks.

source..
Content:

A PERFECT STORM FOR PROPERTY PRICES
By Student’s Name

Code + Course Name
Professor’s Name
University Name
Date
A PERFECT STORM FOR PROPERTY PRICES
Property Prices
Australia has some of the highest land rates in the world. Contently, this has also seen Australian house prices go up. The business domain has equally had a negative bearing as a result. The spirit of competition among firms has dwindled away; this is evident in companies like Holden and Qantas. A litany of factors is also at play; the Australian government for instance has been formulating laws that restrict spatial growth although it enhances urban renewal in the sense that the cityscape modernizes to provide present facilities and maintain the old order. The political class is also to blame of the poor land-use policy, because politicians are playing to the demands of developers and the anticipations of the community. Community facilities have been sacrificed at the expense of the elephant in the boom (Kohler, 2013).
Real estate means an input cost for the business world, which implies that the higher it gets, the business becomes less competitive. Escalated real estate costs are hurting Australia’s financial system. Cutting down taxes and less control will even jeopardize the lives of millions and the economy at large. Thirty percent of the real estate is controlled by speculators that capitalize on capital gains to accrue revenues or break even. In the event that prices do not go up, money will be lost and many organizations are likely to go under receivership. Most retirees will end up bankrupt. This backdrop is highly likely to impact on the many opportunities on the long run owing to diminishing value in various improvements. According to the article, the advent of technology and globalization has altered the game to the disadvantage of both developers and the market, because it has made reality development rather unpredictable (Kohler, 2013). . The internet for instance, has the propensity to leak ones ideas hence impeding the creation of a sheltered lucrative market, because competit...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:

Other Topics:

  • UNIQLO Business Strategy
    Description: This research paper provides a market analysis and recommends the most effective approach and strategies to adopt while penetrating a new market...
    9 pages/≈2475 words| Harvard | Business & Marketing | Essay |
  • Virtual and conventional organizations
    Description: Virtual and conventional organizations Business and Marketing Essay...
    1 page/≈550 words| Harvard | Business & Marketing | Essay |
  • Operations and Supply Chain Management
    Description: Operations and Supply Chain Management Business and Marketing Essay...
    4 pages/≈1100 words| Harvard | Business & Marketing | Essay |
Need a Custom Essay Written?
First time 15% Discount!