Real Estate Investment Essay Example | Topics and Well Written Essays - 1500 words

Real Estate Investment - Essay Example daries include the price of comparable properties in the area, the age of the building, the prominence of the space, the types of tenants located in the vicinity, specific characteristics of the property, economic and physical factors. These are some of the factors that the valuer has to consider in making a decision on the market rent. The use to which the property is to be leased determines the physical factors that are desirable. However, there are some desirable physical factors that will greatly impact the decision of a fair market rent. These include the location of the property, its visibility and its topology. The valuer has to weigh all these factors in deciding on the market rent. The lessee will also take physical factors into consideration in making a decision on whether to accept the property. Lessees are usually attracted to commercial properties that are highly visible from various locations. They want their potential customers to be able to see them. If the area is a busy thoroughfare then the property should be placed in such a way that it can be easily seen. Properties that are located along major commercial highways are great for retail outlets. However, the area of the shop frontage is an important determinant of market rent. A shop frontage with adequate customer parking and one that facilitates the effective and efficient delivery of goods will command a higher market rent than one that does not have these facilities. The topology of the land is also important as tenants and customers want to access the property with ease. The topology that is suitable for a residential property is not suitable for a retail property and so a level area is preferred. The physical condition of the property is also important as well. No tenant wants to operate in a facility that is not being properly maintained. In the general vicinity of the property, the other buildings need to have a good frontal appearance. A good frontal appearance suggests that the area

Public administration Essay Example | Topics and Well Written Essays - 250 words - 2

Public administration - Essay Example The process of formulating a new public policy often follows three stages: agenda setting, option-formulation, and then finally implementation. This obviously revolves around the problem to be solved. A perfect example is the problem of health care in the US. The Affordable Care Act/ Obama Care is an example of public health policy that was recently implemented in the US. President Obama signed into law The Patients Protection and Affordable Care Act (ACA) in March 23rd 2010. This policy aims to help more Americans gain access to health insurance at affordable rates. This is because millions of US citizens are uninsured. The ACA works in phases to reduce the number of uninsured by introducing an Individual Mandate. By 2014 every uninsured individual (Adults and Children) will be required to have some form of health insurance by paying up to $285/year to virtual health insurers online. Women will not pay higher premiums and insurers will have issue a cover regardless of enrollees having pre-existing medical conditions. Under ACA, insurers are also requires to spend at least 80% of their premiums in actual health care. The ACA strives to push health insurance prices down and also maintain quality of care in the