Tags |
|
|
Links |
|
|
Casual Articles - Asian Residential Property Buyers Beware!
Many online businesses use Opt-in email marketing to send advertising materials to subscribers with the intentions of boosting their sales. Opt-in email marketing is the vehicle that allows businesses to send newsletters, catalogs and other advertising materials to subscribers who have agreed to receive their emails.Through e-mail, many marketers and businesses keep their subscribers updated of all the new products and offers that are being promoted. When the subscriber is interested in the advertising material he can peruse the website to learn more about the product and to make a purchase. This is an opportunity for marketers to stay in touch with their list and sell the latest product or service.You need to create fascinating and enticing marketing campaigns to stay ahead of the competition. There are many ways to present your promotional materials. You must create a unique style and design. Your presentation must use fresh content and articles that interest your subscribers if you want to hold the interest of your prospective customer.Your goal is to create a distinctive and original presentation that will keep your subscriber returning for more! Your email should lead the subscriber to your website. It should make them feel like they can’t wait to go to your site and learn more. When your copy is persuasive, it should lead your subscriber reaching for their wallet to buy your product.Keep your advertising materials positive, imaginative and innovative. No one wants to read an over-the-top aggressive sell. Keep the tone warm and friendly, use some color and photos. Your promotional materials should raise their mood. Keep your materials unique an
Hong Kong: 61% below peak
Hong Kong property prices, as of 2Q 2006, are still 42% below their 1997 peak level, despite the significant recovery of the past two years. The collapse of the Thai baht came 24 hours after the handover of Hong Kong from UK to China. The Asian crisis combined with the bursting of pre-handover speculative bubble caused a 44.7% price decline from October 1997 to 1998. From 1997 to 2003, Hong Kong residential property prices fell by no less than 66% in nominal terms (61% in real terms due to deflation).
Tung Chee Hwa’s pledge (or threat?) to supply 85,000 new flats annually from 1998 onwards is widely believed to have depressed housing prices in the wake of the Asian Crisis.
Subsequent events exacerbated the crisis:
1.) the global economic slowdown in 2001; and
2.) the outbreak of SARS virus in early 2003.
The strong price increases in 2004 and 2005 in Hong Kong can be attributed to a partly political decision. Mortgage interest rates paid by Hong Kong borrowers have fallen from 11% in the post-crash environment of 1998, to under 3% at their
Most website owners are on the Internet to ultimately earn money. Internet marketing, traffic building, and search engine optimization has become a difficult challenge for all who seek the financial rewards from their ecommerce ventures.There are many ways to direct traffic to one's website, few are free, but most will cost you time, money, and patience to gradually develop.Many experts who have carefully analysed Internet traffic patterns admit that your website visitor will give you between 5 -10 seconds to influence them to stay.When you actually think about this, 5-10 seconds is a very short time to convince anyone about anything.Now you are expected to reassure a new client that has for the first time visited your site that your site is relevant to their immediate demands and desires, and will provide them with the primary solutions to their problems. How can this be done?Traditionally an acceptable online conversion rate for Opt-in clients versus buyers is about 1-2 percent. Simply put, one out of 100 visitors will possibly purchase from your website. These are just terrible odds.The vast majority of the ecommerce community seem to willingly accept these percentages as a part of doing business online. Most website owners constantly spend tons of money developing SEO tactics along with paid advertisements to lure bigger volumes of prospects to visit their website with no regards to super weak conversion ratios.New traffic should always be a priority, but, persuading prospects to buyers should rank supreme.Let's say for an example that your established website incorporates 10,000 opt-in clients. The traditional conversion r
The housing markets of both Thailand and Hong have seen strong rises over the past two years (though both are weaker now).
In the Philippines condominium prices rose 10.9% in 2005, and 8.5% in early 2006.
Indonesia seems set for another strong year, with house price rises of more than 7%.
Singapore is picking up steam, as is South Korea. Only Malaysia’s housing market still appears anemic, with a mere 2% price rise this year.
Not for real
But is this rosy picture for real? When adjusted for inflation, the picture changes remarkably.
Indonesia, for instance, is having a difficult time battling inflation. Pushed by rising global oil prices, Indonesia’s consumer price index rose 10.5% in 2005, and is expected to rise 14.2% in 2006. Corrected for inflation, Indonesia’s house prices actually fell 8.4% in 2005 and 7% y-o-y during 2Q 2006.
This year’s mild nominal price fall in Hong Kong (3.7%) is amplified by considering inflation. Dwellings prices have actually fallen by 6% in real terms.
The (modest) apparent price rises in South Korea, Singapore and the Philippines actually become price falls, or are greatly moderated, once inflation is factored in.
The Philippines’ recovery is pushed back by a year, and after adjustment for inflation, is seen to have begun only in 2005. Malaysia’s apparent mild price increases of 2004 and 2005 are found to be illusory, because in real terms, Malaysian house prices have been falling.
Still below pre-Asian Crisis levels
All across the region, property prices are still below pre-crisis levels, except for Thailand.
Philippines: 55% below peak
The Philippines has experienced the biggest drop in property prices among the economies affected by the crisis. A speculative bubble formed in the 1990s in the Philippines’ property sector, after financial liberalization and economic reforms had attracted capital inflows. Luxury condominium prices rose 63% (46% in real terms) between 1995 and 1997.
With the Asian crisis, Philippine luxury condominium prices dropped 18% (25.3% in real terms) from 1997 to 1998. Political crises led to further deterioration of the real estate market, till a mild recovery began in 2004. Luxury condominium prices in the Philippines dropped 56.2% in real terms (34.36% nominal) between 1997 and 2004. With minimal real gains in 2005 and 2006, property prices are still 50% to 55% below their 1995 peak in real terms.
Indonesia: 50% below peak
Property prices in Indonesia were already declining well before the Asian crisis. True, they increased by 3% to 4% between 1996 and 1998 in nominal terms, but this was illusory, because inflation was on average 18% per annum from 1994 to 1998 (peaking at 88.4% in Sept 1998).
So in real terms the residential property price index has suffered an almost continuous decline in real terms since 1994, dramatically accelerating from 1998 to 1999. By 1999, the all new houses price index was about 50% lower than its 1994 level.
Thailand: 10% below peak
Correcting for inflation Thailand’s house prices peaked in 1992, and today’s prices are still 10% below the 1992 level. This is largely because, contrary to popular belief, house prices in Thailand were not rising pre-crisis. Indeed the mid 1990s actually saw a mild decline, in real terms. That decline accelerated after the Asian crisis, and house prices fell 18% from 1998 to 1999.
Thailand’s house price index quickly recovered post-crisis. It rose 53.8% (29.3% in real terms) from 1999 to 2006 thanks to strong economic growth.
However, all is not well in the political arena. As political pressure built up for Prime Minister Thaksin to resign leading to the September 2006 coup, the house price index fell 1.7% (3.5% in real terms) in 2Q 2006 over the previous quarter.
Malaysia: 10% below peak
With strong economic growth and huge export earnings, property was hot in Malaysia in the early 1990s. With two particular peaks – in 1991, when a 26% (20.3% in real terms) y-o-y real price growth was achieved, and in 1995 with an 18% (14.5% real terms) real price growth.
When the Asian Crisis hit Malaysia, house prices fell 11.7% (18.8% in real terms) between 1997 and 1999. With a price increase of 22.6% (10.7% in real terms) from 1999 to 2005, house prices in Malaysia are still 10% below their peak pre-crisis level in real terms.
Hong Kong: 61% below peak
Hong Kong property prices, as of 2Q 2006, are still 42% below their 1997 peak level, despite the significant recovery of the past two years. The collapse of the Thai baht came 24 hours after the handover of Hong Kong from UK to China. The Asian crisis combined with the bursting of pre-handover speculative bubble caused a 44.7% price decline from October 1997 to 1998. From 1997 to 2003, Hong Kong residential property prices fell by no less than 66% in nominal terms (61% in real terms due to deflation).
Tung Chee Hwa’s pledge (or threat?) to supply 85,000 new flats annually from 1998 onwards is widely believed to have depressed housing prices in the wake of the Asian Crisis.
Subsequent events exacerbated the crisis:
1.) the global economic slowdown in 2001; and
2.) the outbreak of SARS virus in early 2003.
The strong price increases in 2004 and 2005 in Hong Kong can be attributed to a partly political decision. Mortgage interest rates paid by Hong Kong borrowers have fallen from 11% in the post-crash environment of 1998, to under 3% at their l
Now you have a good website featuring your products or services. You may want to generate additional income from the Advertisement space available in your website. Of course for many, it's the main source of their income. But, if you place your advertisement without any parameters, you will end up spoiling the reputation of your website.Some of the guidelines to place your advertisement are the following:Never give advertisements more prominence than your own content. Your content must be clear and should adore the center of the web page. Advertisement can go on the right side of your content or at the bottom.Never place the Advertisement on the left side of your web page. Since we start reading from the left side, the content should be noticed first. You can place menu on the left side, if you choose to.Place advertisements in such a way that it should match with the content you have published in a page. In other words, the content should be able justify the advertisements you are providing. This will prompt the viewers to turn their attention to the advertisements also. Contextual Advertisements helps a lot in this direction. These advertisements, select the advertisements automatically and to the context, which best suites the current content of a web.Try different layout and analyze the result. Adhere to one, which is able to generate more advertisement income.
This year’s mild nominal price fall in Hong Kong (3.7%) is amplified by considering inflation. Dwellings prices have actually fallen by 6% in real terms.
The (modest) apparent price rises in South Korea, Singapore and the Philippines actually become price falls, or are greatly moderated, once inflation is factored in.
The Philippines’ recovery is pushed back by a year, and after adjustment for inflation, is seen to have begun only in 2005. Malaysia’s apparent mild price increases of 2004 and 2005 are found to be illusory, because in real terms, Malaysian house prices have been falling.
Still below pre-Asian Crisis levels
All across the region, property prices are still below pre-crisis levels, except for Thailand.
Philippines: 55% below peak
The Philippines has experienced the biggest drop in property prices among the economies affected by the crisis. A speculative bubble formed in the 1990s in the Philippines’ property sector, after financial liberalization and economic reforms had attracted capital inflows. Luxury condominium prices rose 63% (46% in real terms) between 1995 and 1997.
With the Asian crisis, Philippine luxury condominium prices dropped 18% (25.3% in real terms) from 1997 to 1998. Political crises led to further deterioration of the real estate market, till a mild recovery began in 2004. Luxury condominium prices in the Philippines dropped 56.2% in real terms (34.36% nominal) between 1997 and 2004. With minimal real gains in 2005 and 2006, property prices are still 50% to 55% below their 1995 peak in real terms.
Indonesia: 50% below peak
Property prices in Indonesia were already declining well before the Asian crisis. True, they increased by 3% to 4% between 1996 and 1998 in nominal terms, but this was illusory, because inflation was on average 18% per annum from 1994 to 1998 (peaking at 88.4% in Sept 1998).
So in real terms the residential property price index has suffered an almost continuous decline in real terms since 1994, dramatically accelerating from 1998 to 1999. By 1999, the all new houses price index was about 50% lower than its 1994 level.
Thailand: 10% below peak
Correcting for inflation Thailand’s house prices peaked in 1992, and today’s prices are still 10% below the 1992 level. This is largely because, contrary to popular belief, house prices in Thailand were not rising pre-crisis. Indeed the mid 1990s actually saw a mild decline, in real terms. That decline accelerated after the Asian crisis, and house prices fell 18% from 1998 to 1999.
Thailand’s house price index quickly recovered post-crisis. It rose 53.8% (29.3% in real terms) from 1999 to 2006 thanks to strong economic growth.
However, all is not well in the political arena. As political pressure built up for Prime Minister Thaksin to resign leading to the September 2006 coup, the house price index fell 1.7% (3.5% in real terms) in 2Q 2006 over the previous quarter.
Malaysia: 10% below peak
With strong economic growth and huge export earnings, property was hot in Malaysia in the early 1990s. With two particular peaks – in 1991, when a 26% (20.3% in real terms) y-o-y real price growth was achieved, and in 1995 with an 18% (14.5% real terms) real price growth.
When the Asian Crisis hit Malaysia, house prices fell 11.7% (18.8% in real terms) between 1997 and 1999. With a price increase of 22.6% (10.7% in real terms) from 1999 to 2005, house prices in Malaysia are still 10% below their peak pre-crisis level in real terms.
Hong Kong: 61% below peak
Hong Kong property prices, as of 2Q 2006, are still 42% below their 1997 peak level, despite the significant recovery of the past two years. The collapse of the Thai baht came 24 hours after the handover of Hong Kong from UK to China. The Asian crisis combined with the bursting of pre-handover speculative bubble caused a 44.7% price decline from October 1997 to 1998. From 1997 to 2003, Hong Kong residential property prices fell by no less than 66% in nominal terms (61% in real terms due to deflation).
Tung Chee Hwa’s pledge (or threat?) to supply 85,000 new flats annually from 1998 onwards is widely believed to have depressed housing prices in the wake of the Asian Crisis.
Subsequent events exacerbated the crisis:
1.) the global economic slowdown in 2001; and
2.) the outbreak of SARS virus in early 2003.
The strong price increases in 2004 and 2005 in Hong Kong can be attributed to a partly political decision. Mortgage interest rates paid by Hong Kong borrowers have fallen from 11% in the post-crash environment of 1998, to under 3% at their
It goes without saying that if you have a website then you need to send traffic to it in order to be effective. Traffic generation is the life blood of your internet business. Without traffic your website would sit in limbo. An empty unused vessel with no potential at all.What follows are the best ways of traffic generation. Some are free others are paid.Traffic Generation Tip #1 - Write and submit articles.This is the best free way of traffic generation and you should write and submit as many articles per day as you possibly can. If you can do one per day great. If you can do 10 per day that is amazing and will produce great results.Your articles only need to be 250-500 words in length. Make sure they are relevant to your topic and not an advertisement or you will not get them published.Traffic Generation Tip #2 - Post to forums.Using forums is another great free form traffic generation is will send highly targeted visitors to your website.You need to post to as many forums as you can each day. Make it a habit to post to as many forums as you can and make your posts top notch.Become a friend to all on the forums. Do not forget to ask questions also.Forums have the ability to send a ton of quality traffic if you use them consistently.Traffic Generation Tip #3 - Use Pay per click advertising.This form of traffic generation is not free and to be honest can be down right expensive. When you using pay per click for traffic generation, make sure your key words are highly targeted. Never use vague key words for your campaign or you will simply end up spending a ton of money and get little or no results.<
Indonesia: 50% below peak
Property prices in Indonesia were already declining well before the Asian crisis. True, they increased by 3% to 4% between 1996 and 1998 in nominal terms, but this was illusory, because inflation was on average 18% per annum from 1994 to 1998 (peaking at 88.4% in Sept 1998).
So in real terms the residential property price index has suffered an almost continuous decline in real terms since 1994, dramatically accelerating from 1998 to 1999. By 1999, the all new houses price index was about 50% lower than its 1994 level.
Thailand: 10% below peak
Correcting for inflation Thailand’s house prices peaked in 1992, and today’s prices are still 10% below the 1992 level. This is largely because, contrary to popular belief, house prices in Thailand were not rising pre-crisis. Indeed the mid 1990s actually saw a mild decline, in real terms. That decline accelerated after the Asian crisis, and house prices fell 18% from 1998 to 1999.
Thailand’s house price index quickly recovered post-crisis. It rose 53.8% (29.3% in real terms) from 1999 to 2006 thanks to strong economic growth.
However, all is not well in the political arena. As political pressure built up for Prime Minister Thaksin to resign leading to the September 2006 coup, the house price index fell 1.7% (3.5% in real terms) in 2Q 2006 over the previous quarter.
Malaysia: 10% below peak
With strong economic growth and huge export earnings, property was hot in Malaysia in the early 1990s. With two particular peaks – in 1991, when a 26% (20.3% in real terms) y-o-y real price growth was achieved, and in 1995 with an 18% (14.5% real terms) real price growth.
When the Asian Crisis hit Malaysia, house prices fell 11.7% (18.8% in real terms) between 1997 and 1999. With a price increase of 22.6% (10.7% in real terms) from 1999 to 2005, house prices in Malaysia are still 10% below their peak pre-crisis level in real terms.
Hong Kong: 61% below peak
Hong Kong property prices, as of 2Q 2006, are still 42% below their 1997 peak level, despite the significant recovery of the past two years. The collapse of the Thai baht came 24 hours after the handover of Hong Kong from UK to China. The Asian crisis combined with the bursting of pre-handover speculative bubble caused a 44.7% price decline from October 1997 to 1998. From 1997 to 2003, Hong Kong residential property prices fell by no less than 66% in nominal terms (61% in real terms due to deflation).
Tung Chee Hwa’s pledge (or threat?) to supply 85,000 new flats annually from 1998 onwards is widely believed to have depressed housing prices in the wake of the Asian Crisis.
Subsequent events exacerbated the crisis:
1.) the global economic slowdown in 2001; and
2.) the outbreak of SARS virus in early 2003.
The strong price increases in 2004 and 2005 in Hong Kong can be attributed to a partly political decision. Mortgage interest rates paid by Hong Kong borrowers have fallen from 11% in the post-crash environment of 1998, to under 3% at their
In the World of Franchising there is a lot of give and take and it most resembles a marriage in many regards. Yet even in marriages things are not smooth sailing all the time. Keeping peace in the family or franchise organization is essential to exploiting markets, furthering brand name recognition and winning market share, not to mention the main goal; making a profit.Unfortunately when things get ugly, just like many have witnessed in divorce court it can destroy an otherwise profitable and successful relationship. Not to mention the costs of litigation are intensive drains on cash flow for both the franchisee and the franchisor. It is for this reason I had drawn up an arbitration clause in our franchise company which I put in every franchise agreement; below;6.3 ArbitrationAny controversy or claim arising out of or relating to this Agreement, other than for injunctive relief, will be settled by binding arbitration and judgement upon the award may be entered in any court having jurisdiction thereof. The arbitration must be conducted through the AAA office closest to our corporate offices in the United States and will be conducted by a panel of three arbitrators selected in accordance with the International Arbitration Rules or such other rules and regulations of the AAA applicable to international commercial matters. The arbitrators will render a decision based on, and consistent with, Arizona law and with the facts and evidence that are properly introduced at the hearing. If there are any disputes in matters of public policy, restraint of trade, securities laws violation or any other matter which cannot be the subject of arbitration, those matters will be sep
Thailand’s house price index quickly recovered post-crisis. It rose 53.8% (29.3% in real terms) from 1999 to 2006 thanks to strong economic growth.
However, all is not well in the political arena. As political pressure built up for Prime Minister Thaksin to resign leading to the September 2006 coup, the house price index fell 1.7% (3.5% in real terms) in 2Q 2006 over the previous quarter.
Malaysia: 10% below peak
With strong economic growth and huge export earnings, property was hot in Malaysia in the early 1990s. With two particular peaks – in 1991, when a 26% (20.3% in real terms) y-o-y real price growth was achieved, and in 1995 with an 18% (14.5% real terms) real price growth.
When the Asian Crisis hit Malaysia, house prices fell 11.7% (18.8% in real terms) between 1997 and 1999. With a price increase of 22.6% (10.7% in real terms) from 1999 to 2005, house prices in Malaysia are still 10% below their peak pre-crisis level in real terms.
Hong Kong: 61% below peak
Hong Kong property prices, as of 2Q 2006, are still 42% below their 1997 peak level, despite the significant recovery of the past two years. The collapse of the Thai baht came 24 hours after the handover of Hong Kong from UK to China. The Asian crisis combined with the bursting of pre-handover speculative bubble caused a 44.7% price decline from October 1997 to 1998. From 1997 to 2003, Hong Kong residential property prices fell by no less than 66% in nominal terms (61% in real terms due to deflation).
Tung Chee Hwa’s pledge (or threat?) to supply 85,000 new flats annually from 1998 onwards is widely believed to have depressed housing prices in the wake of the Asian Crisis.
Subsequent events exacerbated the crisis:
1.) the global economic slowdown in 2001; and
2.) the outbreak of SARS virus in early 2003.
The strong price increases in 2004 and 2005 in Hong Kong can be attributed to a partly political decision. Mortgage interest rates paid by Hong Kong borrowers have fallen from 11% in the post-crash environment of 1998, to under 3% at their
Do you want your donors to give more, do you want them to give more often, or do you want more of your donors to give?If your answer is “all of the above,” here are some tested ways to increase the size of donor gifts using fundraising letters.Ask for specific amounts Stating the sizes of gifts that donors can make helps to overcome their inertia and prevents them from having to think up a gift amount (which may be too small) on their own.Increase the size of your smallest suggested donation If you feature an ask string in your reply device, increase the size of the smallest suggested gift, like this. Before: $20 $45 $100 Other $______________After: $25 $45 $100 Other $______________ This simple adjustment will likely translate into larger average gifts, although your response rate may drop slightly.Circle the desired donation On the reply device that donors mail back with their gift, circle the second and higher amount. Beneath your circle, handwrite: “Your gift of this amount will make a big difference.”Ask based on each donor’s giving history In the above example, you see that if you ask donors to give a donation of $20, $45 or $100, they are likely to make a donation of $20, $45 or $100. But what about your donors who are capable of giving at higher levels? What about your donors who sent you larger gifts than the ones suggested on your reply device?One way to increase the size of average donations is to ask each donor to give a gift of the same size
Hong Kong: 61% below peak
Hong Kong property prices, as of 2Q 2006, are still 42% below their 1997 peak level, despite the significant recovery of the past two years. The collapse of the Thai baht came 24 hours after the handover of Hong Kong from UK to China. The Asian crisis combined with the bursting of pre-handover speculative bubble caused a 44.7% price decline from October 1997 to 1998. From 1997 to 2003, Hong Kong residential property prices fell by no less than 66% in nominal terms (61% in real terms due to deflation).
Tung Chee Hwa’s pledge (or threat?) to supply 85,000 new flats annually from 1998 onwards is widely believed to have depressed housing prices in the wake of the Asian Crisis.
Subsequent events exacerbated the crisis:
1.) the global economic slowdown in 2001; and
2.) the outbreak of SARS virus in early 2003.
The strong price increases in 2004 and 2005 in Hong Kong can be attributed to a partly political decision. Mortgage interest rates paid by Hong Kong borrowers have fallen from 11% in the post-crash environment of 1998, to under 3% at their lowest point from 2003 to mid-2005. The fall in mortgage rates was significantly larger than that made possible by the fall in US rates.
The causes were threefold:
- the elimination of the Interest Rate Rules of the Hong Kong Association of Banks (popularly known as the “banking cartel”);
- measures taken by the Hong Kong Monetary Authority to relax market entry criteria; and
- the formation of the Hong Kong Mortgage Corporation (HKMC), which allowed banks to offload parts of their mortgage portfolio to the HKMC and securitize the rest.
Singapore: 37% below peak
With economic stability and increased purchasing power, the immense demand for housing in Singapore led to rapid increases in house prices in the 1980s to 1990s. From 1986 to 1996, the private residential price index rose by about 440%.
The government then stepped in to curb property speculation.
In 1996 there was an intense campaign against property speculation. The government also began to liberalize housing financing policy in a very significant manner, encouraging the public to buy HDB flats. These measures, combined with the Asian crisis, led to 45% fall in house prices in just two years (1996-1998).
Singapore slightly recovered from 1998 to 2000, but global events plunged it back in crisis. Property prices in 2005 were at the same level as in 1994. In 2006, property prices are 32.7 % (36.9% in real terms) below their 1996 peak.
South Korea: 38% below peak
House prices in South Korea started recovering from the Asian crisis in 2001. The housing index registered price rises of 9.9% (6.5% in real terms) in 2001, 16.4% (12.2% real terms) in 2002, and 5.7% (2.2% real terms) in 2003.
However, left-of-center president Roh Moo-hyun felt that house prices are rising too fast. To combat ‘property speculation’, he increased capital gains taxes, tightened regulations, and used a host of persuasive measures. In 2004, house prices fell by 2% (5% in real terms). In 2006, property prices were 38% below their 1991 peak in real terms.
The subsidy dimension
How much have political developments affected house prices? Certainly, the ouster of Suharto and Estrada (see "Politics -- the bane of Asia?") were accompanied by substantial economic disruption, which impacted the property markets to a significant extent. And in Thailand, the recovery of the real estate market is now being threatened by the ongoing political crisis.
In Hong Kong, Singapore and South Korea, although they are bastions of free enterprise, they are also examples of massive government intervention in the housing sector, on a scale unknown outside the former Soviet block. This intervention itself is a kind of political interference in economics, and has negatively impacted free-market house prices.
About 31% of Hong Kong’s population lives in public rental housing estates, one of the highest rates in the world. An additional 433,000 or 32% of the 1.34 million private residential units have been sold at discounted prices under the government’s various subsidized home ownership schemes, while 12% of the population lives in private rental housing (owner occupancy is at 57%). There are around 94,000 applications on the Waiting List of public rental housing (PRH) units with an average waiting time of two years. There are around 720,300 PRH units.
In Singapore, the post 1985 encouragement of HDB housing purchases, and the government’s campaign against property speculation, arguably were major causes of the pre-Asian crisis property slowdown. Since independence a major government goal has been to promote home-ownership. 85% of the population lives in flats constructed through the programs of the Housing and Development Board (HDB). Owner occupancy is now at 92%. In addition, about 7% of households live in public housing.
In South Korea, government intervention has recently strongly depressed house prices. South Korea has one of the most complex public housing systems in the world. It is designed to be based on private investment, but the entire process - from site planning to the sale of completed houses - has to be approved by the proper authorities. Past and present Korean governmen
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.casualarticles.com/article/132528/casualarticles-Asian-Residential-Property-Buyers-Beware.html">Asian Residential Property Buyers Beware!</a>
BB link (for phorums):
[url=http://www.casualarticles.com/article/132528/casualarticles-Asian-Residential-Property-Buyers-Beware.html]Asian Residential Property Buyers Beware![/url]
Related Articles:
Your eBay Business - 8 Ways To Insure It's Success
Developing Your Export Import Business Using Internet - Part I
Bookmark it:
|