Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Task: the student is required to account for changes in any two property markets using data and information available on the Dep - Essay Example

Comments (0) Cite this document
CHANGES IN UK PROPERTY MARKETS Name: Tutor: Course: Date: Introduction In the UK, real estate market represents a significant portion of the nation’s economic output and people’s wealth. In 2012, the entire UK property market was valued at approximately ?…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.4% of users find it useful
Task: the student is required to account for changes in any two property markets using data and information available on the Dep
Read TextPreview

Extract of sample "Task: the student is required to account for changes in any two property markets using data and information available on the Dep"

Download file to see previous pages Ghosh (2010) agrees that the UK property market qualifies as one of the economic indicators used to gauge performance of the nation. This essay seeks to develop a comprehensive appraisal on two sample sections of the market, and ascertain the cause of dynamics experienced by stakeholders within UK’s real estate investment platform. Appraisal involves extrapolation of both economic and political forces that plays a significant role in shaping the property markets. In order to substantiate effects of these forces, we will derive rational conclusions by analyzing quantitative statistical data from government websites. Residential Housing Market In the past two decades, the UK property market has demonstrated considerable degree of volatility. This volatile trend is characterized by consistent booms in aspects of housing demand, and housing prices. Data contained within one of the government statistical website shows that demand for housing units keep fluctuating. Within the metropolitan district of Manchester, total residential units available in 1992 were 490,070. Of these available units, only 134, 470 were sold out within the same year. According to Regulated Mortgage Survey (2012), stakeholders added 102, 090 units from 1992 to 1995, out of which 95,728 of these new units were sold out. In the period from 1995-2000, Manchester metropolitan experienced a surge in new housing units, but a drop in demand for the additional units. In the five-year period, there were 503, 360 new houses and only 109, 490 were sold to new tenants. Regulated Mortgage Survey (2012) shows that between 2008 and 2011, there were 779, 910 additional units out of which 672,811 were sold out. Based on the trends above, it is evident that demand for residential houses in Manchester, which represents trends of demand in other metropolitan districts across the UK, keeps fluctuating. Sales of new units between 2008 and 2011 were huge with developers having sold out 86% of all new houses. However, 1995 to 2000 was an unprofitable period for developers having sold only 21% of the new houses developed. In 2000, supply of units was high but demand was at its all time low. However, 2011 experiences an increase in both supply and demand. Eccles, Sayce and Smith (1999) say that on the contrary, it is unusual to encounter a situation whereby demand exceeds supply within the residential homes market. However, it is common to experience a situation where property developers fail to meet expected sales for new units. Figure i Change in Housing demand from 1992-2011 Office Space Market Apart from the residential housing market in Manchester, we will evaluate trends witnessed by stakeholders within the office and commercial space markets in the UK. In England and Wales, demand for office space usually equals or exceeds supply. However, one of the most interesting trends on the office and commercial property market is housing prices. In 1992, the average price for a standardized office unit in England and Wales was ?77,360. In 1995, which is three years later, price for the same unit had slightly shifted to ?78, 300. Between 1995 and 1998, prices jumped from ?78,300 to ?94,401. The later period caused a 20% increase in prices of office units as opposed to only 1.2% change in the preceding period. In 2002, price for the same unit in subject had double to ?144,766 with respect to its price back in 1992. As by 2011, office unit space in both Wales and England were retailing at a price of ?208,197. Figure ii Housing Prices ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Task: the student is required to account for changes in any two Essay”, n.d.)
Task: the student is required to account for changes in any two Essay. Retrieved from
(Task: The Student Is Required to Account for Changes in Any Two Essay)
Task: The Student Is Required to Account for Changes in Any Two Essay.
“Task: The Student Is Required to Account for Changes in Any Two Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Task: the student is required to account for changes in any two property markets using data and information available on the Dep

Understanding Property Markets

...? Nominal GDP and real GDP are both important in assessing the economy’s performance as both of them indicates or measure the aggregate output of theeconomy. This means that GDP be it nominal or real tells us the annual output of goods and services that en economy produces. The difference comes in the terms or ways of determining the two. Nominal GDP is the total output of goods and services measured in terms of the prevailing price level at the time of measurement (McConnell, Brue, p.119, 2005). It means that the measured value is unadjusted to inflation or the general increase in price levels. On the other hand, real GDP is computed by dividing the nominal GDP by the price index or inflation for that year. That makes it real because...
3 Pages(750 words)Essay

Student Brief: Data Response

...?Data Response Exercise We can assess the performance of the economy through the use economic indicators like prices such as the interest rates and inflation rates and the quality in the life of the people as indicated by the unemployment rate and level of consumers’ confidence. These economic indicators are also used by the economists to assess the health of the economy as they track the economy’s long run course. Policymakers also used these indicators to formulate policies that will safeguard and improve the health of the economy (McConnell and Brue 2005, p112). Economists and business owners pay much attention to these indicators because any changes in these indicators will have effects on the economic environment and quality of life...
6 Pages(1500 words)Essay

Information Goods and Information Markets

... published articles and books are usually sold at high prices. ProQuest database is one marketplace where I download materials using my annual subscription. The database offers a variety of subscription options and the customer is allowed for unlimited searching depending on their subscription type. Evidently, the materials purchased here have all the characteristics of information goods described by Coiera. For instance, these goods cannot be bought unless the customer gets an overview (experience) of the content to determine if the materials would meet his requirement. However, the subscriber is able to share his account with his friends or colleagues and the information downloaded can be re-produced easily. In order to address such loss...
4 Pages(1000 words)Essay

Two Options Available for Claires Antiques

...Claire's Antiques Introduction Due to the rapid growth of demand for Claire's Antiques, the company need more facilities in the assembly of its three product lines namely, clocks, dinette sets, and bedroom suites. Thus, the management is currently contemplating the investment in warehouse facilities to aid in production and operation. This presentation will evaluate the two options available for the Claire's Antiques. The first alternative is the North Warehouse which will have a total investment cost of $1, 500, 000.00. Option 2 is the West Warehouse which requires $1,700,000.00 cash outlay. It should be noted that as the company currently has a level limited of resources, only one of these alternatives will be chosen. To aid...
3 Pages(750 words)Assignment

Data Structure Using C++

...); (b) cout<required by an algorithm (program) to complete work on a set of data. Efficiency of an algorithm is usually characterized by its order. (Daintith 2004). Big-O notation is used to express an ordering property among functions. The functions are the amount of resources consumed by an algorithm during the execution and are usually represented by T(N). In other words, we can define T(N) as the amount of resource (such as time or the count of some specific operation) consumed by the algorithm... ”, 10, 30, 80, 80); delete window; The free store is a dynamic memory area which is available to allocate (by using the “new” operator) and deallocate (by using the “delete” operator) storage for objects during the execution of the program. ii. What are Null pointers? Write the output of the below code: int x; int *a; int *b; a = new int [10]; b = a; *a = 4; for (int i = 0; i < 10; i++ ) { x = *a; a++; *a = x + i ; } for (int j = 0; j < 10; j++ ) { cout<<*b<<” “; b++; } cout<any object or function. It is used to refer to the pointer which is “not allocated” or “not pointing anywhere yet... i. Write the definition of the function template that swaps the contents of two variables. Solution: template T> void swap(T &x, T &y) { T temp; temp = x; x = y; y = temp; } ii. The definition of the function template is as following: Template Type funcExp(Type list[], ...
8 Pages(2000 words)Essay

Properties as Required by the Property Act

... prior to the marriage and used the same as family home after the marriage the law does not deem the newcomer as a part owner of such property. Albeit the courts enjoy wide discretion under the Matrimonial Causes Act of 1973 to distribute the properties between divorced husband and wife, a declaration dividing the matrimonial home equally between the ex-spouses cannot be made ipso facto because courts usually take into account legalities and legal requirements in adjudicating such property. Thus, in Pettitt v Pettitt [1970] AC 777 HL, the Court declared that the husband has no equitable interest in the couple’s family home despite the fact that he contributed labour and money in the improvement of the property. The Court held that the wife...
10 Pages(2500 words)Case Study

Account 4 manager task number4

...Assessment Task 4 – Financial Report Table of contents: Particulars Pg. No. Executive Summary 3 Introduction 3 Effectiveness of current financial management processes Measurement of costs Analysis of costs Regular monitoring and control of costs What data is used for analysis of the effectiveness of the management 4-5 4 4 5 5 Improvements to existing processes Strategies to stay competitive 5-6 6 Implementation Plan 7-8 Conclusion 8-9 References 9 Bibliography 9 Executive Summary Stay Healthy Medical Practice Pty Limited has experienced an occurrence of variances in the actual budget versus the estimated budget in the last quarter. As such, a detailed Financial Management Report is sought after by the partners...
5 Pages(1250 words)Research Paper

Data analysis task

...Data Analysis Task- Molecular (Southern Blotting Using the restriction map list the size of fragment(s) generated from digestion of the entire wildtype allele shown in Figure 1 with a) EcoRI- 1.5, 1.2 Kbp b) HindIII- 1.75, 0.3, 0.95 Kbp c) EcoRI + HindIII- 1.0, 0.65, 0.55, 0.3 Kbp 2) Explain why there are only two bands on the Southern blot of EcoRI digested genomic DNA from the RR individual? -The two bands represent individual restriction fragments. It can therefore be implied that the enzyme cut the sample into two fragments only. This also implies that the R gene has only one restriction point for the enzyme 3) Using the information given for each restriction enzyme digest (Figure 1 and 2), explain the alteration in the R-gene DNA...
2 Pages(500 words)Assignment

Required Changes for a Team Leader

Leadership Significant Personal Changes Needed For A Person To Be An Effective Team Leader A person might need to go through significant personal changes to be an effective team leader by stepping outside the comfort zone and discarding the assumptions that dictate their behavior. The success of a team or an organization is dependent on good leadership. For instance, the actions, attitude as well as the quality of a leader are crucial determinants of effective leadership. However, an individual should change certain components as a measure of becoming a good leader.
Good leadership is motivated by the need to have a different mindset and change of behavior (Daft & Lane, 2008). The leaders must be willing to change their...
1 Pages(250 words)Assignment

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Info-Point: Marketing of New Touch Screen Information Technology

The development of the new Info-Point technology, a stand-alone information module designed to offer the public information on tourism, local shopping, weather, and transportation, has created the opportunity to successfully market these information technologies to different UK cities. The entire marketing concept is to establish self-service information centers that offer a wide variety of regional information, utilizing an easy-to-use touch screen methodology to cater to a broad mass market of consumers. 

Touch screen interface systems are becoming more and more common in the UK and abroad. During a pilot experiment using touch screen information technology, the automotive manufacturer Lexus piloted an informatio...
10 Pages(2500 words)Report

Information Security Management

Security is a group of activities that include the policies, measures, and actions which are utilized to stop unlawful access or alteration, theft, and physical damage to information or computer. Security can be supported by an assortment of techniques and tools to safeguard computer hardware, software communications networks, and data (Laudon & Laudon, 1999, p. 502). In the modern age of information technology, there are many threats happened for organizational information. We need a security model that has the ability to manage and secure our information reserves. Technical administrative safety /security measures like security plans, actions and techniques are the main practices for the organizational information security m...
10 Pages(2500 words)Research Paper

Information Security Policy of Organization

In the modern age of information technology, there are many threats created for organizational information. Organizations need a security model that has the capability to handle and secure our information reserves. Technical administrative safety /security measures like security plans, actions and procedures are the general practices for the organizational information security procedures. The attentiveness of producing actions is concerned by the organizations to an appreciably smaller level, on the other hand at the same time these are weighed up as being further efficient organizational actions than technical administrative ones. Information security encompasses organizational features, officially authorized aspects, institution...
6 Pages(1500 words)Research Paper

Pathophysiological Processes Involved in Type Two Diabetes

Changes in lifestyle and behavior, in particular, sedentary jobs combined with lack of exercise and an increase in disposable income combined with lower food prices, have resulted in a veritable explosion of type 2 diabetes. Left untreated, type 2 diabetes can lead to a series of complications and illnesses and a high incidence of premature morbidity. However, over-rich nutrition and the resulting obesity are not the only risk factors as there are different levels of susceptibility to type 2 diabetes in different ethnic groups.

According to statistics released by the World Health Organization (WHO), currently, 180 million people worldwide have diabetes, with 2.9 million deaths per year occurring due to complications cau...
9 Pages(2250 words)Coursework

Evaluation of Performance of a Bank Using Published Accounting Data

The performance of a bank is evaluated because of various reasons. The banks evaluate their performance to find out the outcomes of previous decisions of management. The bank regulators evaluate the performance of the banks to identify the banks, which are facing severe problems. Evaluation using the published data is also needed by shareholders to make decisions such as whether to buy or sell a share of banks. Furthermore, investment analysts advise their prospective investors regarding the selection of banks for making investments after performance evaluations of banks.

There are different ways, which have been used to evaluate the performance of the banks. When the performance is analysed through available published...
7 Pages(1750 words)Case Study

Using Computers to Teach Mathematics is Better than Traditional Methods

During the last two decades, huge advances in computer technology for information and communication purposes have impacted all levels of education and many courses as well. Using technology to support the teaching of Mathematics generally started later than for other subjects. The first electronic machine used to assist in calculation however was not the computer but the calculator. In schools in the US, UK and some other countries, the calculator has been used since the early 1980s. Incidentally, before electronic calculators, there were mechanical calculators and even before that the slide rule to aid calculation. In US schools, for example, the calculator was used by students between the fourth and eighth grades although its ac...
7 Pages(1750 words)Case Study

Business Information Systems

In this report, I will suggest the technologies that will be implemented in the future regarding the potential enhancement of the business and overall management operations of Club IT nightclub business.

After the emergence of new business technologies, the overall business management has greatly improved. Now we have better tools and techniques business management. The use of modern and up-to-date technology in the business always offers better support to the business in managing and organizing the organization’s resources. However, the implementation of information technology at business is a challenging task that requires extensive resources, knowledge, and planning. Club IT nightclub aimed to implement a new a...
8 Pages(2000 words)Case Study

Contrast of Two Explanations of Social Disorder in Contemporary UK Society

As the process of urbanization takes off and more people start residing in major cities, the fissures start to appear within the apparent harmonious co-existence. There are several reasons why disorderly conduct on part of individuals and groups takes place. Sociologists have proposed numerous theories explaining this phenomenon.

Erving Goffman was an astute observer of society, who immersed himself in the social environment which he was studying. He carefully observed and recorded the ways in which people’s behavior and interpersonal interactions are carried out in everyday life. He notes that “people perform their social roles and, as they do so, they produce social order through their actions and the regu...
6 Pages(1500 words)Article

Global Employee Information and Consultation: Replicating the European Model

A significant step to enhancing the employees’ right to information and consultation is the establishment of the European Works Council (EWC). The EWC Directive (94/45/EC) aims to improve cooperation in transnational companies and to allow trade unions to influence, at least indirectly, the decision-making of corporations (Lockwood and Williams). It requires community-scale undertakings and community-scale groups of undertaking to create this mechanism for regular consultation of the workforce. A ‘community-scale undertaking’ is one with at least 1,000 employees within the Member States and at least 150 employees in each of at least two Member States (Lewis and Sargeant).

An EWC is a forum that would a...
9 Pages(2250 words)Coursework

Microeconomics - The Property Markets

Further research recommendations have been made to study how the housing bubble has impacted the economy as a whole.
The American real estate market from the 1800’s has been one with constant ups and downs and the major movements in these markets have led to a number of major world events. A few of the major events that impacted the markets include World War I, The Great Depression, and also World War II. An excellent example of this is when World War I started the markets were impacted to a great extent and the real estate markets dropped drastically during this period. This paper aims at discussing, in brief, the history of the real estate markets and the recent housing bubble that had been formed within the markets. Th...
6 Pages(1500 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Task: the student is required to account for changes in any two property markets using data and information available on the Dep for FREE!

Contact Us