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ACTIVITY: Strategies & Solutions (Term Paper Part 6)
For this assignment, you will simply type your paragraphs into the text box here. First, click the “Submit” button. A text box will appear. Type your contact information and then your two paragraphs. Then click the “Submit” button again. Remember, please SAVE a copy of your assignment to a Microsoft Word document or google doc. You will need a copy of it later for your final paper, “Real Estate Economic Forecast,” in which you will analyze the local real estate market and predict the future trends. SCROLL DOWN TO THE END TO VIEW A SAMPLE ASSIGNMENT. Lee use sample assignment as a guide but do not copy please original work No Plagiarism. no A I. No chat bots . Please use and cite. the pages and the book attached also attached previous assignment to help with the second paragraph demographics
Instructions
Begin with your name, date, and class number at the top of the paper. Write 2 paragraphs about Local Economic Strategies & Solutions in which you give solutions to a local real estate problem. Refer to the list of issues below and base it on the city you previously selected and wrote about in your activity, “Local Area Demographics & Data”. Each paragraph must be at least 5 sentences long and include at least one citation (page number from the textbook).
In the first paragraph, respond to the following prompts in complete sentences based on the textbook chapters 1, 5, 6, and 15. Do NOT use numbering or bullet points and do NOT include these questions/prompts in your responses:
What is the process of financial forecasting (page 423)?
How are real estate cycles forecasted (pages 21 – 26)?
Why is a break-even analysis important in real estate development (pages 425 – 427)?
In looking ahead, what factors will continue to influence housing supply and demand (pages 435 – 438)?
Explain why fair housing regulations are important to the future of real estate (pages 444 – 448).
In the second paragraph, respond to the following prompts in complete sentences based on the city you selected for your Local Area Demographics & Data Research activity. Reference the textbook Chapter 6 at least once. Do NOT use numbering or bullet points and do NOT include these questions/prompts in your responses:
Select the SAME topic that you previously reported on in your Week 3 Activity. Before starting, go back and read your assignment submission from that activity. What problem did you identify in the local real estate market?
Home Ownership Affordability in the High Desert
Commercial Property Development in the High Desert
New Home Construction in the High Desert
Student Housing in the High Desert
Homelessness in the High Desert
High-Speed Train Rail from Apple Valley to Las Vegas
As VVC students and graduates, we are leaders and problem-solvers in our community! We make a difference.
Re-state the problem or issue you brought up in your Week #3 Activity, “Local Area Demographics & Data Research”
Offer two or three possible solutions (textbook Chapter 6). Document your sources.
Explain what you believe is the best solution for this issue or problem, and why.
What may happen if your solution is NOT implemented?
What would likely happen once your solution IS implemented?
Remember: if you use any sources (other than your own original work), you MUST cite them in your paragraph, and reference them at the end.
EXAMPLE
Below is an example. Do NOT copy the wording, but you can use the structure as a template to follow.
Name: Ima Student
Date: January 1, 2022
Class: BRE-139-xxxxx
Textbook: Huber, et al., 2016
Strategies & SolutionsFinancial forecasting is the process of … (p. 423). Real estate cycles forecasted by … (pp. 21 – 22). A break-even analysis is important in real estate development because … (p. 426). In looking ahead, the factors that will continue to influence housing supply and demand include … (pp. 435 – 438). Fair housing regulations are important to the future of real estate because … (p. 445).
Regarding the problem of lack of affordable home ownership as discussed in the section above, “Local Area Demographics & Data Research”, there are several possible solutions. One strategy is … and another possible solution is … (p. 193). With all possible avenues considered, the best solution for this issue is … because … If this problem is not solved, it would lead to … However, if this proposed solution is implemented, then the community and residents will benefit due to … As VVC students and graduates, we are leaders and problem-solvers in our community! We make a difference.
References:
Huber, W., Messick, L. P., & Piva, W. (2016). Real Estate Economics (6th ed.). Covina, CA: Educational Textbook Company.
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