REALTORS® like roads. New roads mean new businesses. New businesses attract new housing demand and raise the price of existing homes. New roads also mean other things. Somehow new roads cause sprawl and congestion. I thought they were opposites. New roads spoil someone’s property and quality of life, while making opportunities for others.
NPR has been talking about a new road into the Peruvian Amazon Basin. Yesterday they talked about the road attracting illegal gold miners that are ruining the environment and polluting the rivers. They talked about the corruption in the mining areas and the gang style mentality that is pervasive there. Today they talked about Brazil nut farmers. (Yes they have Brazil nuts in Peru.) The damage and development from the road is driving the Farmer’s out of business.
It seems that new roads are similar to new laws. There are winners and losers. I have had the highway department take a very valuable piece of property from me and pay me very little. They built a road past another piece of ordinary property and made it very valuable.
David Segrest is a REALTOR® in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com He is also a contributor on Argentina to: http://realestatebloginternational.com/
Thursday, September 17, 2009
Tuesday, September 15, 2009
What's Riding on Chinese Tires
According to NPR there are 4,400 people in the tire manufacturing industry in the USA. Many of those jobs actually depend on Chinese imports of tires. There are over a million people in the tire industry in China. Not all of those Jobs would be lost if the new 35% tariffs are imposed. What do you think would be best for the world economy? Some people say, “screw the world economy, what about American jobs?”
The steel tariffs of the Bush administration are a good example of what happens when the local picture takes precedence over the world view. To protect 200,000 jobs in the steel industry, millions of jobs in the steel using industries were driven overseas. This resulted in a drastic reduction in the size of the USA steel industry. Even the people in the tire industry are opposed to the new tariff.
Anything that slows the recovery in the rest of the world will slow the recovery here. Politicians need to spend more time doing their job and less time trying to keep their job. Narrow measures that benefit very small areas can be beneficial or harmful. Let us examine the results of each action carefully to see how much harm or good each action will produce.
David Segrest is a REALTOR® in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com He is also a contributor on Argentina to: http://realestatebloginternational.com/
The steel tariffs of the Bush administration are a good example of what happens when the local picture takes precedence over the world view. To protect 200,000 jobs in the steel industry, millions of jobs in the steel using industries were driven overseas. This resulted in a drastic reduction in the size of the USA steel industry. Even the people in the tire industry are opposed to the new tariff.
Anything that slows the recovery in the rest of the world will slow the recovery here. Politicians need to spend more time doing their job and less time trying to keep their job. Narrow measures that benefit very small areas can be beneficial or harmful. Let us examine the results of each action carefully to see how much harm or good each action will produce.
David Segrest is a REALTOR® in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com He is also a contributor on Argentina to: http://realestatebloginternational.com/
Friday, September 11, 2009
Report on Charlotte CIPS Classes
The Charlotte “International Real Estate for Local Markets” came off quite well last week. There were only 5 students; but they were all from international backgrounds and the interaction and shared knowledge was awesome. There were 2 students from the UK, 1 from the British Virgin Islands, 1 from Shanghai and 1 whose wife is from the Dominican Republic.
It is regrettable that more people did not take advantage of this offering in a city that has so many international residents and businesses and so few international REALTORS®. In times like these it is a little hard to justify an expense like this. Even agents playing the “one more house” game may be afraid that there will not be enough “one more houses”. The CIPS program does not just give an opportunity for more houses. It broadens ones whole outlook on life, the world and the real estate business.
The finance class will be offered in Raleigh in October. I hope many of you will be there to share in the camaraderie and mind expansion that will take place.
David Segrest is a REALTOR® in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com He is also a contributor on Argentina to: http://realestatebloginternational.com/
It is regrettable that more people did not take advantage of this offering in a city that has so many international residents and businesses and so few international REALTORS®. In times like these it is a little hard to justify an expense like this. Even agents playing the “one more house” game may be afraid that there will not be enough “one more houses”. The CIPS program does not just give an opportunity for more houses. It broadens ones whole outlook on life, the world and the real estate business.
The finance class will be offered in Raleigh in October. I hope many of you will be there to share in the camaraderie and mind expansion that will take place.
David Segrest is a REALTOR® in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com He is also a contributor on Argentina to: http://realestatebloginternational.com/
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