Expensive Site Benefits

With a growing real estate market, investors can expect a good return on their investment. In addition, the industries within the town bring in new residents and potential business income.

Gentrification: Does the Good Outweigh the Bad? A study by The Urban Institute describes gentrification as “a process whereby higher-income households move into low income neighborhoods, escalating the area’s property values to the point that displacement occurs.” Gentrification generally takes place in deteriorating urban or rural areas. The purpose of gentrification is to take struggling neighborhoods and stabilize them by increasing property value. Naturally the system isn’t perfect, as it has the side effect of displacement, which can cause some people to have to move to a different location, but overall gentrification is much more beneficial than destructive on a large scale. All neighborhoods have to be improved eventually. Gentrification is simply the most effective way of doing it. Although there are some negatives associated with Gentrification, in the long run it succeeds in creating a better place for people to live, and the pros far outweigh the cons.

When There's Vacant Land Nearby While it might seem nice that there's not a house close to the one you're interested in, buying next to vacant land is risky. At some point, a house may go up there and you'll be subjected to many months of construction noise and traffic. Plus, if the lot becomes unattended, it will be an eyesore and attract pests. Also, find out about plans for large tracts of vacant land near the neighborhood. If the home is in a big city, the land might be developed with condos or a shopping center at some time in the

Gentrification has a positive effect on a community in the sense that it ameliorates the local economy. In lower income neighborhoods, the expansion of businesses and creation of jobs is limited by the deficiency of monetary flow. However, as wealthier residents relocate to the area and invest money in the community, businesses develop. Overtime, this trend continues and results in economic development as well as more jobs, which benefits the community. Secondly, the process of gentrification typically results in a lower crime rate. This is because gentrification involves the attainment of vacant properties in order to build new developments. Therefore there will be a decrease in vacant properties which typically attract crime. Additionally, an increase in population results in an increase in local government revenue from taxes which can be spent on law

Gentrification is the process of renovating and improving a neighborhood so that it can be more appealing to the middle-class taste and is negatively affecting many neighborhoods all over New York City. The gentrification of low-income neighborhoods can bring down a neighborhood and is responsible for the displacement of families

(short-term) I will learn how to handle responsibility (long-term) I will miss participating in senior activities (short-term) I might be able to afford apartment when I graduate high school (long-term) 1. Explain how the concepts of scarcity, choice, and opportunity cost relate to your dilemma. In my dilemma, time represents the concept of scarcity. Due to the scarcity of time a choice must be made. The choice that is made depending on the opportunity cost.

It has its advantages and disadvantages to franchise the business. It is a careful decision to make for anyone to invest a lot of money into a franchise and everyone should be comparing pros and cons.

2. What are the Investment Risks and Benefits? If you are buying for investment New builds certainly look very nice and are attractive to new tenants as a blank slate to do whatever you wish with. The downside is they are expensive as you are literally building from the ground up and can be a risky investment. Older buildings often have more of a charm to them and are usually cheaper but there is a risk there too that there might be something wrong with the building from years of use that will cost a lot to fix. An article in The Telegraph details some things that previous tenants can leave behind, such as scratch marks, but even new properties can have a ‘snag list’ of up to 100 items per

Usually the rent cost of office in downtown is really high, but staying very near of its business customers and clients makes the costs worthwhile. For example, even though if Stealth Creative had its own building (main office) in St Charles; had its own free parking space, garage for employees, their own store,

The strengths of the business would be having knowledgeable, trained, educated, and experienced staff. Lavish décor and great food and prices will add to those strengths. Location that is easily accessible and close to home for most of the guest. The restaurant would offer discounts to the college students and the travelers that are passing through, having a good reputation will be a strength and help build clientele. According to the data there is no other restaurant in the area with the same concept. The weaknesses of the business would be targeting multiple segments and trying to satisfy all of their wants and needs. Another weakness would be trying to keep the restaurant as trendy as possible but would be difficult with the changes in trends, what’s hot today may not be the next. The area is not completely in need of the type of restaurant and lounge in mind, therefore getting people to be open to and supportive of the idea is a concern. Poor reputation among customers by not giving a good first impression or not meeting their expectations would be a weakness for the company. Other weaknesses may include high costs, lack of access to key natural resources and distributors. The opportunity is that because of the current recession it would be the optimum time to open a business that would create jobs. Restaurant space can be negotiable and very

This physical space is one of the biggest overheads/ costs that Ignite incurs. That being said the building’s rent is actually not that expensive because we are located in a cooperative working space which has lower rents for new/ small businesses. That largest expense is salaries for employees. These salaries must be competitively priced because of the breath of knowledge and experience that our grant’s advisors have. Most of the employees hold a masters degree and those who do not have worked extensively in their given fields. Apart from that and regular operating expenses like stationary supplies and a host server for the website Ignite does not have many other

Everyone says "college is really expensive" but they never tell you how expensive college actually is so, one thing I wish I knew before starting college is how much the college I want to attend cost including room and board. Knowing how much college tuition and expenses cost would prevent

Patricia Brown Ellen Beckford English 1101 13 February 2013 Two Neighborhoods The convenience of living in an urban or suburban neighborhood can be appealing to many people. Choosing between areas can sometimes be overwhelming for some individual. People are not only concerned about the safety of a community, but they are also concerned about the environment. Although some neighborhoods might look attractive, people should consider the expense that comes with it, and how commuting will affect them in the long run. Nevertheless, both neighborhoods have their specific advantages and disadvantages. When choosing between an urban or suburban neighborhood, it is important for people to research the community, the expense, and convenience

Buying a house provides stability forever unless the owner decides to sell or to move into another home in which the owner gains equity for selling. This is still a huge benefit. Owning a home is a very huge security measure. When a person is an actual homeowner and not a renter he or she can control who actually enters his or her home (Map, 2011). It is easier to purchase home alarm systems and everything that goes on in a person’s home is controlled by the owner. As a homeowner the option of what is allowed and what goes on is controlled by the actual homeowner. If an issue comes up and the owner has to move somewhere else then this is a huge benefit. As a seller a person can earn so much money and it can build equity (Media, 2010). Usually homes sell for way more than the purchase prices, especially if the owner has customized the home, in which was discussed earlier (RP Reality, 2011). The selling price could be a huge benefit to any owner who is selling their home and moving. These benefits cannot be earned by an apartment renter.

Where I live is one of the greatest neighborhoods in the city to live in; however it does have its draw backs. Importantly it has nearly everything a resident might want, beautiful picturesque scenery, proximity to shopping, and many of the cultural centers. Nevertheless the roads can be some of