Real estate industry Research Paper Example | Topics and Well Written Essays - 5000 words

Real estate industry - Research Paper Example On the other hand, civil law jurisdiction uses the term immovable property. The term real, in law, is defined as relating to a thing as distinguished from a human being. The law therefore gives a broad distinction between personal property and real property (Singh & Komal, 243). People use real estate for different purposes such as recreation, offices, manufacturing, retailing, housing, farming, ranching, entertainment and worship. The failure or success of these uses depends on many interconnected factors such as: government regulations demographics, economic conditions, transportation, tax policy, and management expertise, , topography and climate. Real estate industry proprietors’ goal is value creation through developing land to either lease or sell or by marketing interests and parcels of real estate. The industry employs such professionals as surveyors, architects, financial analysts, managers, designers, developers, landscapers, abstractors, engineers, appraisers, attor neys, market researchers, leasing and sale workforce, construction workers, grounds and building maintenance workers, office support workers, among others (Dictionary of American History, 1). With the advancement of possession of private property, real estate has become a key business area. ... Others include business or people relocation services; brokerage; and real estate marketing, which entail the management of the sale facet of the property business (Singh & Komal, 243). In any economy, real estate industry is watched closely because it embodies a considerable amount of capital investment form (Gurjar, 1). Fundamental issues of real estate industry Currently, the industry is developing by means of smaller players’ organic growth in addition to big conglomerates’ entry. Traditionally, the management of real estate developed from the â€Å"service provider† and the â€Å"developer† to a more inclusive sector that has four major operation areas. The first area is planning consisting of such services as selection of the site, viability studies, concept design, and architectural services among others. Next, there is construction, which consists of activities that entail construction and the management of the construction; followed by services an d maintenance, which mainly entail property and facilities’ maintenance and renovation activities and offering such services as issue management, air-conditioning, canteens, security, among others to them. The fourth operation area of real estate is disposal, involving various measures of disposal such as sale, quarantine, among others for the real estate property and sometimes, it could be very complex (Gurjar, 1). Generally, these four operation areas spread over three basic business segments namely industrial, commercial and residential businesses. One can invest into all these areas and make profit by commercial and lease use, rental income, capital appreciation and agricultural produce (Singh & Komal, 244). Gurjar

Philosophy, Politics and Economy Term Paper Example | Topics and Well Written Essays - 750 words

Philosophy, Politics and Economy - Term Paper Example This happened immediately after the end of the civil war. The expansion reached its peak during the civil rights era in which the government’s presence was all over the country. Indeed, the activities during the civil rights movement contributed to the expansion of the federal authority. The government bodies established have brought governance closer. Consequently, the federal government has an autonomous presence in the entire country. This piece focuses on the growth of the federal government as seen in the period characterizing the civil era. Federal government expansion Political structures President Abraham Lincoln spearheaded the expansion of the American authority by signing into law acts that supported the expansion of a democratic government. According to Holcombe (2002), the amendments to the constitution expanded the government’s presence; thus, an alteration to the political structure in America. Introduction of taxation by the federal government propelled the growth of the federal authority during the progressive era. The income tax enhanced the government’s capability to control expenditure. This was a way of expanding the federal government size to cushion the citizens against political uncertainties. Lincoln initially advocated for a strong government that had the interest of people at heart. The expansion of the Congress to its current size is attributable to the laws initiated by Lincoln after the civil war. The Supreme Court has also witnessed an expansion in its activities throughout the States. According to the civil rights activist, the government is the defendant of the rights of citizens. As such, the activists advocated for the expansion of authority during the civil rights era (Holcombe, 2002). The activists expected the government to secure their rights in their quest for justice in America. Their activities led to the ratifications that allowed the government to spearheaded most of democratic processes in the co untry. Some quarters of the population praised the expansion of the judicial authorities. The civil rights era altered the entire political structure of the American government. The political setting was changed to conform to the wishes of the majority. The people advocated for the expansion of government through establishment of bodies that championed their rights. However, the expansion of the federal government has compromised on accountability by the authorities. Interestingly, the establishment of the Electoral College in the United States has contributed to the expansion of authority. Social structures Liberalization of laws after the civil war led to the establishment of Unions. The government catered for such groups by paying for their pensions. This guided the interest groups that were to follow the war veterans unions (Boyer, 2006). It was the hallmark of the establishment of groups and federal programs in the society. For instance, the enactment of Sherman antitrust act l ed to the growth of the federal government. More regulatory laws were introduced in the civil era that affects the relationship among individuals. To some extent, government has control on the social structures on the society using bodies such as environment protection agency. â€Å"Federal Trade Commission† and the â€Å"Food, and Drug Administration† were the bodies created following the world war era by