scholarly journals International Real Estate Review

2002 ◽  
Vol 5 (1) ◽  
pp. 12-39
Author(s):  
Natalya Delcoure ◽  
◽  
Norm G. Miller ◽  

It is commonly understood that residential real estate brokerage fees in the US tend to run 6% or 7% within local markets for existing property resales. Exceptions to these historically uniform going rates are starting to appear, and utilization of the internet will provide new efficiencies that should lead to lower commission rates in the future. One possible indication of where the long term commission rates may head, should price competition increase, is provided by a review of commission rates around the world. This study is a first attempt to gather such data and begin the process of global comparisons. Most industrialized country brokerage rates are significantly below those of the US, although there are clearly differences in the services provided, red tape, and liabilities, as well as information access. An exploratory model attempts to explain variations in fees around the world and deepen our understanding of possible equilibriums for US firms should price competition increase.

Author(s):  
E. S. Biryukov

The paper considers two main original approaches to investing the assets of institutional investors (the total amount of their assets in the world is about 100 trillion dollars) – the one of Norway's sovereign wealth fund Global and approach of Yale's endowment fund. Fund Global with assets of $ 716 billion dollars is the largest institutional investor in the world, its strategy is based on the assumption that markets are efficient and their long-term growth lies in the balance of investment in stocks , bonds, and , since more recent time - in real estate. Financiers of Yale in the 1990s revolutionized the approach to investment, firstly, by reducing the proportion of stocks and bonds in favor of private equity and real estate, and secondly , by shift from investments in the domestic market to foreign markets. Not all institutional investors are ready to follow these strategies because of the risk of negative returns in times of crises, but in the medium- and long-term, these approaches allow to beat inflation. For example, Yale's endowment has grown since 1985 to 2012 from 1.6 to 19 billion dollars, and high yield allows to transmit 1 billion dollars (!) to the budget of the university annually. Endowment funds are one of the key sources of revenues of leading American universities. Analysis of the investment policy of endowment funds and sovereign wealth funds shows that fundamental changes in the concept of investing began to occur since the late 1980s - early 1990s . Institutional investors of both these types ceased to focus on conservative instruments - bonds and deposits , and use other options: Global - stocks , Yale – private equity , hedge funds, real estate investments , etc. With the expand of the spectrum of instruments in which the funds are invested the income volatility increases either, and therefore the institutional investors should be both transparent and explain to the public the motives of investment strategy changes.


Paranoia ◽  
2008 ◽  
Author(s):  
Daniel Freeman ◽  
Jason Freeman

Over the past few years, a new and deadly epidemic has stalked the land. Britain and the US, just like much of the rest of the world, are getting fat. Around 60 per cent of adults in the UK are heavier than they should be. It’s a similar story in the US, where two-thirds of adults are overweight or extremely overweight (obese). That’s a pretty shocking statistic, but we all know that keeping in shape when you’re trying to balance the demands of work and family life is tough. Who’s got time to get to the gym? Who has the energy to do more than heat up a ready meal after ten hours in the office? Besides, we all get bigger as we get older, don’t we? It’s a metabolism thing—isn’t it? But if you think the statistics for adults are alarming, wait till you find out how our kids are faring. In 2003, 27 per cent of children under 11 in England were either overweight or obese. In the US, where different methods to measure obesity are used, nearly 20 per cent of children aged 6 to 11 were classified as overweight or obese in 2004. The numbers have almost doubled in a decade. How did so many children get to be overweight before they’ve even reached the ripe old age of 11? How do you become overweight when so much of your day is taken up with charging round a playground or park, when you can’t drive, and when you’re not free—like the rest of us—to stuff your face at will with chocolate, crisps, and alcohol? The answer, of course, is a complex one. If adults are eating much less healthily than they used to, so are their kids. Instead of spending their evenings playing outside, children now have the delights of multi-channel television, computer games, and the Internet to choose from. And then there’s the fact that increasing numbers of us just won’t let our children outside on their own. Back in the mid 1970s, we were 6 years old.


2002 ◽  
pp. 145-152 ◽  
Author(s):  
Fiona Fui-Hoon Nah

The explosive expansion of the World Wide Web (WWW) is the biggest event in the Internet. Since its public introduction in 1991, the WWW has become an important channel for electronic commerce, information access, and publication. However, the long waiting time for accessing web pages has become a critical issue, especially with the popularity of multimedia technology and the exponential increase in the number of Web users. Although various technologies and techniques have been implemented to alleviate the situation and to comfort the impatient users, there is still the need to carry out fundamental research to investigate what constitutes an acceptable waiting time for a typical WWW user. This research not only evaluates Nielsen’s hypothesis of 15 seconds as the maximum waiting time of WWW users, but also provides approximate distributions of waiting time of WWW users.


Author(s):  
A. М. Bocharnikova

The article contains information on all general-purpose linguistic museums that are currently functioning in the world, functioned in the past, or are at the project stage. In cases where this is possible, the structure of museum’s exposition is examined. Criteria that have played a key role in the division of museums’ content into structural elements are defined. The accuracy of exposition authors’ compliance of their approaches has also been analyzed. The first linguistic museum in the world that opened its doors to visitors was Taras Shevchenko university of Kyiv’s Linguistic Educational Museum founded in 1992 by the order of the university’s rector. During next sixteen years it was world’s only linguistic museum till the year 2008 when National Museum of Language in the US was opened. In 2013 a new linguistic museum named Mundolingua was established in Paris. After 2014 when the museum in USA was closed and till now it continues to be the only linguistic museum in the world except Linguistic Educational Museum in Ukraine that is functioning. At present times there are several big projects of establishing a comprehensive linguistic museum in different countries. Among them is Planet Word in Washington, Museum der Sprachen der Welt in Berlin, Museum of Language in London. The work upon these projects is in progress and hasn’t reached the stage of completeness. There are also two websites available on the Internet that have the name of museum but does not contain any traces of the exposition content. These are the website of the above mentioned National Museum of Language and Taalmuseum in the Netherlands. Both of these websites are portals for announcements concerning exhibitions, lectures and meetings in different places that are somehow referred to language topics. In this article the structure of the museums content has also been analyzed. Linguistic Educational Museum in Kyiv was established for academic purposes therefore its content has the same structure as the Introductory Linguistics course. At the same time it reveals the principles of the museum exposition author’s Doctor of Science thesis named the Metatheory of Linguisics.


2012 ◽  
Vol 222 ◽  
pp. F2-F2

World growth is expected to remain below trend at 3.1 per cent in 2012 and 3.4 per cent in 2013.The Euro Area is forecast to contract by 0.5 per cent this year and grow only marginally next year with unemployment reaching ‘depression-era’ rates in some periphery economies. The US is likely to grow by 2 per cent in each year.Growth in Brazil, Russia, India and China will be below long-term potential next year, although ‘hard-landings’ will be avoided; the impact on advanced economies will be offset by a large gain in competitiveness.Debt to GDP ratios in OECD countries will, on average, be higher in 2014 than at present.


2010 ◽  
Vol 25 (3) ◽  
pp. 193-197 ◽  
Author(s):  
Debra Parker Oliver ◽  
Elaine Wittenberg-Lyles ◽  
George Demiris ◽  
David Oliver

2018 ◽  
Vol 4 (3) ◽  
pp. 205630511879340 ◽  
Author(s):  
Barbara L. Ley ◽  
Paul R. Brewer

Recent studies have explored how the US public responded to the March for Science protests that took place around the world on April 22, 2017, as well as why individuals participated in these protests. Yet, little research has examined how participants used social media and other channels to learn, communicate, and form behavioral intentions regarding the movement. In addressing these questions, the present study conceptualizes the March for Science as a “networked protest.” It then analyzes data from two surveys: one distributed through social media in the month preceding the March for Science events, and one conducted at the Washington, DC event. The results suggest that social media—particularly Facebook—played key roles in how respondents learned and communicated about the protest. At the same time, respondents also learned and communicated about it through other channels, including texting, email, and face-to-face conversations. Both social media respondents and in-person respondents reported that their experiences with the March had increased their likelihood of undertaking future online and offline actions. Furthermore, communicating through Facebook and Twitter predicted a range of self-reported effects of March experiences on intentions to undertake future actions, whereas learning through social media largely failed to do so. Thus, some—but not all—social media uses may have encouraged participants to sustain both online and offline engagement. Taken together, the findings carry potential implications for how the March for Science and other networked protests can use social media and other communication forms to mobilize supporters and facilitate long-term engagement.


Author(s):  
Emna Cherif

Real estate is an information intensive industry where realtors/agents represent information intermediaries between buyers and sellers. This paper analyzes the evolution that the Internet brings to the real estate transactions at different levels. The authors discuss the stages of both traditional and internet based residential real estate transaction. The authors perform UML language modelling and analysis of the transactions in the real estate industry for both traditional and using Internet. The authors also compare their models to the frameworks in the service science area. Then the authors discuss how transactions costs may be reduced and provide competitive advantage for new services.


Author(s):  
V. B. Kashin

China is currently the only member of the UN Security Council that is actively increasing the quality and quantity of its nuclear potential. Exactly how far China is willing to go in developing its nuclear forces remains a subject of discussion. The prevailing view is that China is seeking to implement a limited increase in its nuclear arsenal in order to secure the potential for a guaranteed re taliation in the face of the US continuously improving its missile defense systems. Since late 1990s, the development of air and naval forces of the Chinese People’s Liberation Army (PLA) has been a subject of increased attention both in Asia and in the world at large. Nuclear potential was not perceived as a priority for China’s development of its military power and remained in the background. However, the events of recent years have shown that the world does not quite realize the true scale of China’s efforts in creating strategic nuclear forces. At this point, it can be perceived as a fait accompli that China has managed to implement most of its long-term program for the modernization of its nuclear forces without attracting too much attention from other major countries and, above all, from the world’s sole superpower.


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