Pros And Cons Of Clearview

The area has highly been affected by the raising taxes and other property values. The homeowners have had difficulties in buying and living in these houses because of the increased taxes. This is because the property values have gone high due to the demand causing increase in taxes. This rise is usually extended to the tenants by the landlords and they find themselves vacating the houses due to high rents. The landlords might sometimes be unable to pay the tax leading to a sell of the houses.

This source’s intended audience might be geographers who research for the lifestyle of these contemporary people. Where they were settling down depends on various factors (weather, source of food and water, natural resource), therefore, can draw the attention to the real estate agents to exploit potential resource and make an investment in this land.

The mean, median, and range value estimates for COSTVALU and MKTVALU are higher than ASSESVAL. The statistics for last year’s value estimate (ASSESVAL) are lower than this year’s values estimates (COSTVALU and MKTVALU). The difference may be from an increase in market values over the past year. The direct comparison approach produces the most uniform estimate.

Housing is a big concern of every family because it is where the family established. Most of families are willing to spend most of their income to own a house. However, the housing markets are not always fair and reasonable for normal people. Rich people are buying more than 1 house, but a lot of hardworking wage-earning classes cannot even afford 1 small apartment. Since the real estates are the rigid demand and a good way to keep value, too much money flow into the real estate markets. Sometimes it makes the housing price too high for normal people to afford.

These improved housing will increase the neighborhood and property value, increase social mixed, reduce crime rate, and reduce vacancy rates. While the superficial key of gentrification is the upgrade of housing, there is actually other great benefits that gentrification bring to the neighborhoods. In terms of symbolic implications for urban change, gentrification is the urban changes and improvement which also redevelop the area’s image. Fancy restaurants, high-priced boutiques and shops, high houses’ values, and fancy house have changed the neighborhood's image or symbol from a rural neighborhood (before gentrification) to a high-class neighborhood (after gentrification). Gentrification has certainly restructure the economic of one’s neighborhood by bringing up new standard in consumption. The decrease in crime rates and increase in property value can stabilize the previously struggling neighborhood, restoring interest in the inner city life as a residential. These changes are able to encourage other forms of development of the area that promote the economic

Market needs: To follow the client wishes, due to the highly raising prices of real estate, we were considering building affordable housing. Also, another option is to construct offices for the city to use.

Access to major freeways makes the area a very desirable neighborhood. The vacancy rate is typically lower than surrounding areas of Mid-Michigan and should therefore help properties to have greater worth than other areas. The low turnover rate will cause improved properties to stabilize in value. As time goes on, some of the older buildings in the area which are reaching the end of their life cycle may need to be remodeled, enlarged, or replaced. Supply and demand seems to be in balance. This has resulted in the flattening of sale prices and rental rates for several years. No external obsolescence was observed either inside or outside of the neighborhood. All utilities are sufficient to cover the demands of potential buyers or tenants and should not have a negative impact on value. Overall, the neighborhood characteristics are deemed to positively impact the subject property market value with no external or economic obsolescence observed.

We have already seen increase prices for properties in the inner city. As the prices continue to rise, this will make houses less and less affordable. Bernard Salt (2001), declare that this revival will only last another 10 to 15 years, after that the market demand will fade. More important even if the trend doesn’t change, it will mean that more high-medium density dwelling needs to be constructed to satisfy the demand. Consequently, this will threatens the available green space in the metropolitan area.

Also, it is a place with security and that people can have fun with amenities such as tennis courts, swimming pools, and golf courses. For example, one of the retirement communities in California is called Laguna Woods Village, which offers distinctive and gracious living, lifestyle opportunities, and planned activities. By promoting the idea of retirement community to Japan, I think the problem with the number of elderly without going to nursing homes would definitely decrease. Also, the number of “mutodoke” nursing home would decrease in addition to the number of elderly without a place to go. In order to promote the idea, English is needed as well as knowledge for social

Recently, The Australian housing market has been growing rapidly which reflects the housing affordability crisis as the housing price rises much quickly than household incomes. There are two key observations of current Australian housing market from Yates, firstly today’s housing affordability problem is mainly a structural problem and intensified by cyclical pressures. It began 40 years ago when inflation switched focus on housing, besides, there are more renters than purchasers under today’s housing stress situation, and the housing

Multiple reasons exist for the the lack of affordable housing. On the demand side these include population growth and increased migration to urban areas, easily accessible housing finance, tax incentives and a “strong cultural preference for owner-occupied detached houses”. On the supply side, affordability problems are exacerbated by inflexible and slow responses to the need for new housing stock, lack of infrastructure and generally inefficient planning processes and development assessment by local governments.

I shall look into details how policies in the public and private housing market and the immigration policies affects the private market, despite property prices steadily increasing, the private property market in Singapore continues to boom. There are many factors that play a role in this drastic demand for private property

In this report, the question “How much of the changes in the median selling price of homes in a city can be explained by the changes in median income of that city?” is answered. Home ownership is an important aspect of one’s life stages, and home prices are determined by demand and supply. The demand curve is affected by the one’s income, such that as one’s income increases, one is more willing to pay a higher price for the same quantity of goods (Baye & Prince, 2014). However, there are many other factors that might affect the demand curve, e.g. no. of children, in the household, the perceived quality of education in the school district, or the number of job positions (filled or open) around the city. According to Burda

A difficult characteristic to understand about the housing market is how a price is given for a particular house. That price will be designated to that particular house alone. All houses have various pricing, so I can’t always assume that one will cost more or less than any other. The pricing for houses vary based on their characteristics. Each characteristic must be analyzed to determine its contribution or detraction toward the price. I have taken some of these characteristics and modeled the relationship between them and the price of real estate for a specific area.

This report examines the housing affordability crisis in Auckland, the current situation of the housing market, and extent of this problem. Auckland is in a deficit of houses due to the difference in demand and supply factors. The demographic and economic factors are the main reason for the increase in demand for houses. The supply side is not performing up to the mark to satisfy the demand in the market. The first home buyers are finding difficulties to make choice on their housing needs. The median households are struggling with the high rentals in Auckland market. Lower income households with faces a greater affordability pressures than those are living outside Auckland. There is a shortage in land and houses that are affordable for lower income households. The report suggests some new factors that can be considered to solve the affordability crisis.