Global Warming Is A Real Phenomenon - 1048 Words

Earth is home to an abundance of complex and astonishing forms of life. It has played humanity’s mysterious home ever since the origin of our species. We are constantly learning more about our planet. However, in the last century, there has been a different trend taking place. We have experienced a rise in the Earth’s temperature. Global warming is the phenomenon that has taken place over the past one hundred and thirty-three years. Global warming has been described as the greenhouse effect of dangerous gases released to the atmosphere. The gas eventually creates an invisible cloud over our planet which makes it more difficult for heat to heat to escape into outer space. Consequently, the earth warms up. According to NASA, the Earth temperature has increased one and a half degrees over the time period (NASA). However, various people have regarded this as a â€Å"false alert.† This paper presents an argument to raise awareness through statistical and scientific st udies that indeed global warming is a real phenomenon and there could be significant costs to not taking preventative measures, in the long run. There is a wide range of opinions on the relatively recent issue of global warming. By relying on data to make inferences based on whether or not our planet is in danger, we can be able to spread beneficial knowledge and to jumpstart the prevention of potentially significant consequences. The Earth unquestionably goes through natural heating and cooling cycles. However, it hasShow MoreRelatedGlobal Warming Is A Real Phenomenon2326 Words   |  10 PagesINTRODUCTION Global warming has become a central problem in the scientific community, while viewed as more of a severe problem by some people and policy makers than other, the consensus in the scientific community is that global warming is a very real phenomenon. Although the global warming is still debated as far as how fast and severe the problem is, scientific data has shown that the average global temperature has increased by 0.4 to 0.8 Celsius during the last 100 years (http://www.livescienceRead MoreGlobal Warming Is A Real Event978 Words   |  4 Pagesbeen warned about global warning. There have been many efforts especially by the American people to go green in an effort to slow the human contribution to global warming. But just because we have been told that global warming is a real event and we should fear it, does that make this event a fact or phenomenon? As a critical thinking student I took time to look into the validity of global warming to decide if the validity of such an event. What is global warming? Global warming is the increase inRead MoreGlobal Warming and its Issues1198 Words   |  5 Pagesï » ¿Introduction Global warming is perhaps one of the most urgent and complicated global issues we face today. While there are those who dispute the very nature as well as causes of the global warming phenomenon, available data clearly indicates that the planet is becoming warmer. This text revisits the issue of global warming. In so doing, compelling evidence will be presented in an attempt to prove that the global warming phenomenon is indeed real. Global Warming: An Overview In simple terms, global warmingRead MoreGlobal Warming Is Caused By Human Beings1174 Words   |  5 PagesGlobal Warming Global warming appears to be caused by human beings. There is too much CO2 in the atmosphere for plants and trees to take in all of it. There is strong evidence that humans are to blame, not just due to cars and factories but also from agriculture. A majority of scientists and scientific organizations believe humans are causing global warming. Global Warming is controversial. It is a perplexing phenomenon. Some people think it is a normal occurrence, others are afraidRead MoreThe Effects Of Global Warming On Earth1577 Words   |  7 Pagesyears, a phenomenon known as the greenhouse effect kept the earth at a comfortable temperature to allow life on earth. This process is necessary to support and maintain life on earth. But just like any good thing, too much of it could be dangerous. Greenhouse gases acts as a blanket that is wrapped around the earth. This traps energy in the atmosphere and the energy is then heated up by the sun’s rays. Because of this, another phenomenon has come to be. It is known as global warming. Global warmingRead MoreEssay on Is Climate Change Natural or Man-Made?1160 Words   |  5 Pagesmain causes of the increased warming of the planet. On one hand are the environmentalists who believe that the major cause of this increased warming of the planet is the increase in greenhouse gases i n the atmosphere induced by human activities. On the other hand, the scientists believe that there are natural causes of global climate change. While the supporters of the man-made theory of global climate change reason that the major greenhouse gas causing global warming is carbon dioxide, the advocatesRead MoreBelieve It Or Not, Global Warming1302 Words   |  6 PagesPamela Young Professor Ms. Panto English 105 12 December 2016 Believe it or Not, Global Warming Many people believe that global warming is a hoax, whereas others claim global warming is a real phenomenon. Global warming is an increase in temperature on our planet Earth, in the water and on land. We are experiencing an increase of temperature as a result of greenhouse gases in the atmosphere because of human activities. Scientific research is proving that since the Industrial Revolution began, humanRead MoreParables Of The Sower By Octavia E. Butler1641 Words   |  7 PagesIn the novel Parables of the Sower by Octavia E. Butler earth’s current day issue of global warming has taken a turn for the worst, thus leaving many parts of the world severely depleted of usable water and years without rain. â€Å"It’s raining†¦ ‘well we have wind’, Cory said. ‘Wind and maybe a few drops of rain, or maybe just a little cool weather. That would be welcome. It’s all we’ll get.’That’s all there has been for six years† ( butler 47). Is Octavia E. Butler novel Parables of the Sower predictingRead MoreImpact Of Global Warming On North Carolina1728 Words   |  7 PagesRepercussions of Global Warming in North Carolina To begin to comprehend the scope and dynamics of the projected effects of Global Warming on different sectors of North Carolina one has to understand the basics of this particular phenomenon. What exactly is Global Warming? According to EPA.gov: â€Å"Global warming refers to the recent and ongoing rise in global average temperature near Earth s surface. It is caused mostly by increasing concentrations of greenhouse gases in the atmosphere. Global warming is causingRead MoreA Portion Of The Article And Debate857 Words   |  4 PagesA portion of the article and debate: â€Å"Global warming is a fact. It just isn t man-made. I suspect that the ecoalarmists of Al Gore s ilk are as much aware of that fact as I am. But more important, so are the world s astrophysicists who study the universe—and, with it, our neighboring planets. Habibullo Abdussamatov, head of the St. Petersburg Pulkovo Astronomical Observatory in Russia noted in 2005 that the current warming cycle on Earth is also affecting our neighbors—Venus and Mars.† (Furthermore)

The Humble President After Honest Abe - 2098 Words

The Humble President after Honest Abe Not all presidencies can have historic events of Washington or Jefferson. Some presidencies are consumed with political infighting or fractionation. President Ulysses Grant was born April 27, 1822 in Point Pleasant, Ohio. He graduated from US Military Academy at West Point in New York. He served from 1846 through 1854 when he quit the Army. He quit to spend time with his wife and four children. In 1860 Grant began to organize soldiers for the Union. In 1861 Grant was made colonel of a regiment in Illinois and served until the end of the Civil War. (Rumsch, 2009) By the end of the Civil war Grant was a general and received the surrender from General Robert E Lee from the Confederacy. From this record Grant became the Republican nominee for president after Andrew Johnson. He was the youngest man to be elected President at that time, the eighteenth president of the United States. President Grant’s terms of office were rife with corruption and upheaval. His presidency followed on the heels of the Civil War, the most divisive times in American history. â€Å"While the Civil War was over, the nation s wounds bled. Some states even considered seceding again.† (Scheieler, 2013) During his presidency he fought for reconstruction and civil rights, he got the 15th amendment passed, tried to peaceable deal with the Indians, maintain the economy, increase safety and American influence abroad, and he increased the executive branches powers. He was aShow MoreRelatedEssay on Abraham Lincoln1600 Words   |  7 PagesAbraham Lincoln was the 16th President ofthe United States of America, serving from 1860 to 1865 (Wilson, 1). From humble upbringings to becoming the most powerful man in America, Honest Abe is known today as a great and influential person whose message echoes in American politics as well as American ethics. Lincoln is almost always voted the best or near-best President among historians (Wilson, 1). He helped mend the rift between the Union and the Confederacy, reuniting and reconstructing AmericaRead MorePre And Post Assessment Tools And Plan For Instruction1429 Words   |  6 PagesPre and Post Assessment Tools and Plan for Instruction Section 1 Pre and Post Assessment: After reviewing the assessment data recorded in Project A, I created learning goals to aid my students. Only 38% of the entire class was able to answer at least two of the three questions that required them to decode unknown words. Therefore, one of my objectives focuses on using known words to decipher unfamiliar words in a sentence. This goal correlates with the Georgia Standard of Excellence: ELAGSE5RI4Read MoreThe Declaration Of The United States1346 Words   |  6 Pageswar. The question is how did they win, but the answer lies within their leader, Abraham Lincoln, and how he became so important. Abraham Lincoln is popularly known as being our sixteenth president and creating the Emancipation Proclamation which freed all slaves. On February 12, 1809 and unsuspecting president was born. Growing up, Abraham had one sister, Sarah, and one brother, Thomas. Lincoln’s mom, died from milk sickness on October 5, 1818, when he was nine years old. One year later, ThomasRead MoreThe Legacy Of Abraham Lincoln1837 Words   |  8 Pages Honest Abe Abraham Lincoln was born on February 12th, 1809 in a log cabin in Kentucky. He was raised by poor parents and received less than a year of formal education. He was mainly self-educated by reading a lot of books on his own. Lincoln was known for being an opponent of slavery. He was the 16th president of the United States and served from March 1861 until he was assassinated in April of 1865. His main accomplishments include leading the United States through the Civil War and abolishingRead MoreThe Life Of Abraham Lincoln754 Words   |  4 PagesBible. One day, Lincoln’s mother died of poisoned milk when he was only nine. Abraham Lincoln was one of the tallest presidents in our history. He was six feet, four inches tall. When he was elected president, he started the Civil War not only to free slaves, but so that they had rights to vote and many other things. Lincoln had a few nicknames. One very familiar one is â€Å"Honest Abe†. He had this name when he was a youn g lawyer and politician. In many of his writings, he displayed that honestyRead MoreAbraham Lincoln And Its Impact On The United States1470 Words   |  6 Pageslearned about him in school. Abraham Lincoln made a lasting impact on the United States because he was able to maintain the continuation of the United States. He was a very open minded person and was able to understand both aspects of the War. As a president and Commander in Chief of the United States Army, he was calm under pressure and very generous. He had a lasting impression on the South with his Ten Percent plan and was viewed as a hero for African Americans and rightfully so. Freeing them fromRead MoreAbraham Lincoln s Greatest Speech1233 Words   |  5 PagesLincoln s Greatest Speech Abraham Lincoln’s first inaugural address was given during a time of crisis. The Southern states feared their newly elected President would soon take their way of life from them, and they would do everything to stop it. The South threatened secession and began electing their own leaders and creating a new constitution. Knowing this would certainly lead to war, in his address Lincoln said, â€Å"We are not enemies, but friends. We must not be enemies† (Lincoln). Lincoln knewRead MoreAbraham Lincoln : His Fight For Freedom And Equality Essay1308 Words   |  6 Pagesthe Lincoln family moved to Illinois because of a spread of Milk Sickness that traveled along the Ohio River. Abraham Lincoln left his family in 1832, and enlisted to fight in the Black Hawk War. Lincoln’s company was led by Colonel Zachary Taylor. After the Black Hawk War, Lincoln moved to a village called New Salem in Illinois and got a job working on a flatboat taking goods from New Salem to New Orleans. In New Orleans is where Lincoln received his first view of slavery. While in New Salem, LincolnRead MoreAbraham Lincoln - Critical Analysis2619 Words   |  11 PagesAbraham Lincolns face and the Lincoln Washington memorial building . Inscribed on the penny is In God we Trust. What we knew of him at that moment was that he was considered a great American president who was assassinated while watching a theatre production with his wife. We also knew that he was the President that freed the negro slaves through the Emancipation Proclamation and because of this action, had to face a civil war that divided the United States The North vs The South. Today, the UnitedRead MoreAbraham Lin coln’s Gettysburg Address1528 Words   |  6 Pagescontext: otherwise, the text will be vastly misinterpreted and misrepresented in any discussion of the text. The students grossly mischaracterized Abraham Lincoln’s â€Å"Gettysburg Address â€Å"as a pro-abolitionist tract; they also seemed to think that President Lincoln was some divine martyr for anti-slavery sentiment, and that he was an exemplary person with regards to American identity. They could not be further from the truth. Historical context is paramount to understanding Lincoln’s â€Å"Gettysburg Address†

Managing Your Investment Property

Question: Discuss about the Managing Your Investment Property. Answer: Introduction The project is related to property investment planning for the purpose of long term investment. Property investment is one of the major decisions taken by an individual to earn maximum future benefit. The proposed area mentioned in the project is Newcastle in New South Wales. The project is initially at a planning stage. Suggestion related to the long term benefit of the project to the investor is mentioned in the report. It is essential to advise the future benefit of the property in order to manage it as per the current resources. There are multiple guidelines to be followed to achieve the prospective result. The project suggests the best utilization of the property under the current market situation. It makes certain suggestions related to the future benefit of the property. Background of project The project is related to the property investment made by the investor at Newcastle in New South Wales in Australia. It is the seventh largest city which is 160 km away from Sydney. The area is located in the center of the Hunter Region and has a beautiful coastline and beaches. The area is connected properly and has modern facilities. It is easily accessible by air and is connected through local coach services. Its close proximity to Sydney makes it a weekend getaway. There is a growth in the property investments in the city due to advancement in opportunities. The property has ample of opportunities for future advancements. The project has assembled the entire requirement for future management of property. The project will create long term opportunities for the investors as the recent data has shown a rise in the property rates at Newcastle. The investment at the project would finally benefit the investor if he chooses to rent out the property. The net present value is positive. It shows that the project will benefit the investor in coming 10 years. Property acquisition or disposal Property acquisition and disposal is the most important investment decision in an individuals life. It is highly recommended to make a tailor made property decision as it serves the requirements of the individual. The investment decisions are based on capital with the investors. The investor is looking for a long term investment for a period of 10 years (Never, N., Isaac, D. and Daley, M., 2014). The investment is considered to be positive on the basis of current market trends. There is an expected growth of 5% in the property rate at Newcastle due to abundantgrowing opportunities. It is safe to invest in the property to earn a long term capital gain. The investor has accumulated 30% of investments from the outsiders. It is suggested to the investor to seek advisory from the solicitor before making an investment decision. Pre-Contractual time period should be used efficiently to evaluate the property before making the final decision. Financial feasibility is important to be assessed while coordinating with the property investment (Grant, 2016). Investor is acquiring an old property due to the less risk and existing cash flow benefit associated with the project. It helps in mitigating the construction and planning risk with a new project (Bozorgi, 2015). The cost of the given property at Newcastle in New South Wales Australia is approximately $950000.00. It is necessary to evaluate the site which is to be purchased for investments. Zoning classification is necessary to access the information related to the area, real estate property description, car parking area etc. Conceptual plan is important to be developed by the investor to buy the property until and unless the buyer is confident about the investment. The site has a good re-sale and rental value. It will help investor to meet the future contingencies. It is the safest investment on the basis of periodical benefit. In the current project the Internal Rate of Return is 16.5% whereas the required rate of return is 10.3%. The property will be a wise investment in terms of long term return. There is an expected hike of 10% in the coming years. The property is already constructed which has reduced the cost marginally. The expected return on capital is estimated to be 1.89% and the we ighted average cost on the capital is 2.34 %( Mishan, 2015). The final stage involves the basic terms of the contract. It includes the important clause related to the address, purchase price, settlement price, and any special condition which is attached to property. At this stage the investor has to make all the settlement decision regarding the property after negotiating it with the seller. Entire information related to the property is mentioned clearly in the final document. The buyer has to conduct due diligence to complete the final decision. It is essential to conduct a background check to avoid the future inconsistencies. Permits and licenses need to be checked before making any advancement. The investor is recommended to conduct the requisite backdrop check before moving further. The final stage is the contract of sale. The legal document should consist of all the information related to the property. Completion date is the date where the property is actually transferred from seller to buyer. It is the date which is specified in the sale document. There are various formalities which are mandatory to avoid the future risk. Completion date is important to manage future Insurance, legal liabilities, workplace health and safety, responsibility for cost of services, property management notification and transfer documents confirmation. The current payback period of the project is an essential tool to understand the value one will retrieve after the period of 10 years. The property is located at the prime location and while looking at the current trends it is recommended to acquire the property for the prime motive of investment (Ohman,Sderberg, and Westerdahl, 2013). It is an independent project where the seller is privately purchasing the property for the purpose of long term benefit. For the purpose of disposal the seller has to evaluate the benefits at the time of resale. Private treaty is an efficient and simple way to dispose off property by putting an advertisement on the newspaper. The seller has a variety of options which will help him to avail maximum benefit out of the current property. There is a prospective growth of 10% in the property rates in the coming year. If the investors hold the property for the period of 2-3 years it will benefit him in terms of future monetary benefit. However in case of property disposal the high yield property can be sold out very easily as compared to low yield property. The current government policies are focusing on equalizing the cost of registration in between the seller and the buyer. This would help in easy disposal of property in terms of realizing immediate benefit. Here, the investor has planned to acquire property for the purpose of continuous future benefit. The project is believed to be a good investment in term of long term growth. Property management Property management is related to the management of the commercial, industrial and residential property which includes the use, and the disposal of the acquired property. Various systems have helped in managing the propertys life cycle which is important to take majority of decisions. Real estate involves a large number of duties which can only be accessed in terms of the human efforts which are attached to the property. The professional aim behind the property is to utilize it as per the requirements and current market trends. The importance of property management has increased recently due to economic recession. It is advised to manage the property carefully to avoid the deterioration of property. The goal of property management is to retrieve the maximum benefit of the investment. The right to hold a property is defined by the contractual agreement. The current property is held for the investment purpose. The rental cost at Newcastle is very high. It will give a high economic yiel d if sold at a later date looking at the present scenario (Barnes and Doidge, 2010). The management of property is a combination of blend of good communication, negotiation, experience and judgmental skills. The decision related to property management resides with the owner. Thecurrent property rates are already very high. Renting out of the property will ultimately benefit the owner. Continuous review of the acquired property is the part of the wise investment decision. A regular assessment of the locality is essential to estimate the value of the property. All the decisions related to the property are subject to the market condition.The average rental rate at Newcastle is $450 per week. It will provide a regular income to the owner (Australian Property Management,2016). Property management involves decisions related to strategic disposal of the property as per the individual requirements. The current market yield of the acquired property is very high. The owner can increase the rental value which will provide the benefit in the coming 5 years. The property held by the investor is valuable in terms of the future value. Growth is an important factor to be considered while considering the investment decision. The current investment is the strategic investment in the view of future growth(Australian Property Management,2016). It is highly recommended to look after the regular maintenance of the property which is governed by the owner. The projected cost of repairing and maintenance will put the burden on the operating cost. The amount of extra cost will be acquired from the tenants by adding the amount on the total rent. The operating budget will help in managing the current budget by including the current financial plan. The property has a long term benefit which is essentially to be considered while making the purchase choices. The net present value of the project is positive which depicts a positive inflow in the coming year. Market may see a considerable growth in the requisite property (Gatti, 2013). Preparation of the capital budget helps in analyzing the situation over the period of 10 years. It considers entire complex situations need to be considered while making the budget. The budgeting is an essential tool recommended to measure the present value. It includes all the expenses which has incurred in the past year. It is an essential point need to be considered while managing the property. Risk management is an important characteristic while managing the property. It is essential for the owner to cover all the risk against the associated property. The current project investment required a definite investment in terms of project development. Re-insurance is important to be considered while evaluating the risks associated with the property. It is the part of the property management on the basis of the long term benefit. The property is considered to provide a long term benefit to the investor if being managed efficiently. Goal setting should be given equal importance while setting the objectives related to the project. Here the sole motive of the project is the long term investment to derive the result in the coming 5 years by establishing a comprehensive procedure. Managing a real estate property requires an integrated approach which can only be handled with a positive outlook. It involves safe and secured operations of the asset while considering the primary objective of the project. Here the motive of the owner is long term benefit by disbursing it at a future date. Facility management is important to be considered while managing the utilization of the property. The impact of the global competition and a hike in the value of property has affected the price of the requisite property. Facility management helps in managing the various principles relating to the real estate. Property management is essential for the appreciation in the value of the investment. Moreover it helps in strategic management of the issues related to the property. The current project is believed to provide IRR of 16% approx. It has availed various segments for the owner regarding the current property management. The anticipated risk associated with the project is due to the poor budgeting technique. The project will return 100% result after considering all the factors (Gordon,2015). Property occupation and usage Property occupation is related to the relationship between the three parties (i.e. owner, tenant and the agent). The current project is acquired for the purpose of letting it out. The owner wants to rent out the property for the purpose of procuring profit. In the given property the user has two options. Firstly he has an option to let out the property or to sell the property as per the market condition. An analytical overview for the next 5 year profit is required to calculate the total amount of yield from the given project. As per the present situation the property is believed to give a regular income if being let out. Moreover letting out of the property is the most secured and regular source of income compared with the other sources. The annual rental rate is believed to be $94656.00 which is adjusted according to the inflation rate. Whereas the current market trend shows that there can be a rise in the property rate in the coming year. If the owner decides to sell the property it will incur a loss at a current stage (Epstein,et al,2010). The right related to the tenancy choice resides with the owner. He has options to consider the property depending upon the current market situation. In case of letting out of the property, owner has to appoint an agent to take care of the rental deals as per the legal procedure. It is controlled by the tenancy agreement. All the provisions related to the contract are mentioned in the deed. Rent deed is drafted considering the rights and liabilities as discussed in between the owner and the tenant. The average rental rates are $450 per week. The deed should impose the rights and responsibility while demarking the rights on the property. The agreement should comprise all the relevant facts pertaining to requirement as mentioned in the tenancy act. The property agent has to take majority of decisions till the property is allocated to the tenant. The deal related to the project is carried by agent who is hired by the owner (Vaughan, 2012).The agent needs to apply to the municipal corpora tion for accomplishment for accomplishing the deal of the project. A managing agent has a responsibility to include all the required points by adding the necessities (finding suitable tenant, ensuring the tenancy agreement is correctly completed and signed, lodging the rental bond, conducting property insurance etc.) The deed consists of all the clauses related to the future disputes in between the owner and the tenant. The volumetric rights need to be specified in the deed for defining the rights and responsibilities of the tenant. It defines all the accessible rights given to the tenant by the owner mentioned in the contract. The relationship in between the tenant and the landlord is difficult to be managed. It is recommended to carry out the responsibility in an efficient manner to remove the hurdles in between them. The methods to resolve the future dispute is recommended to be mentioned in the contract. All the future disputes are dealt efficiently with a correct approach. It is essential to choose a correct tenant and an appropriate agent to avoid the future dispute which may arise in between the tenant and the owner. It is recommended that the owner makes a correct choice regarding the tenant. Future of the property depends upon the choice of tenant. It is recommended that an agent has to find an appropriate tenant depending upon the owner choice. It is the responsibility of the tenant to take care of the requisite property as per the deal between the tenant and the owner. It is the duty of the owner to choose the property as per his choice. It is recommended to check the current requirements related to the law enforcement. It is necessary to be mentioned that the tenant takes considerable interest in the property to meet the current requirements (Porter and Prenzler, 2012). The tenancy deed includes all the valid points which bind the relationship I between the tenant and the owner. All the points are necessary to be discussed in advance before making an inference. The right related to exclusive possession is depicted through the case law of Radiach v Smith which says that the lease confers the rights related to the general control( Mangioni,2015). It is recommended to renew the tenancy deed from the period of 6 months to one year depending upon the previous relationship. Prior notice related to the property vacation is necessary to be given. The owner and the tenant are obliged to follow their duty as per the clauses which are mentioned in the deed (Residential Tenancies Act 2010 No 42,2016). Property maintenance is an essential part while considering the future aspect. The property will only yield considerably well if it is being utilized well by the user. It is recommended to choose a maintenance strategy to develop the current property which is being let out to the tenant. Preventive maintenance is the most appropriate technique which is important to be used to avoid the problem which may arise in future. It contains both the predictable and variable components. It is a cost effective technique which helps in managing the future costing. The right to maintain the property resides with the owner. It is his duty to manage the property to provide the required benefit to the tenant. Decision related to the property investment depends upon the type of maintenance which is recommended by the owner (Renting a home, 2016). Tendering is the most effective tool which can be used by the owner which helps in seeking a regular maintenance of the property. The team keeps a timely ch eck over the property which helps in retrieving the maximum result. Conclusions The report is related to the property acquisition and disposal. The property is purchased for the benefit of the long term investment. The current market condition shows a considerable hike in the property prices due to a rise in the property rate at Newcastle. The owner has an option either to let out the property or to sell it. The best option with the owner is to let out the property because the price of the property is anticipated to rise looking at the current market scenario. Renting out a property is a better option for the owner as there is a growth of 16.55% in the IRR. The property is being let out at $94656.00 which will provide a regular income to the owner. The project has a positive cash flow. Hence it is not advised to sell the property at the present situation because the market may see a considerable growth at future date. The payback period of the project at the 10th year is positive. Hence it is recommended to hold the property for at least a period of 10 years. Recommendations The current legal cost is very high which may impose difficulty on the owner. The maintenance cost has to be carried by the owner. It is recommended that the owner should not sell the property as it might affect the current cash flow. The project is expected to give a positive yield in the coming years. It is estimated that the rental charges of the house will increase as per the current market conditions. There is a shortage of houses in Australia as per the current study. Renting out of property for the future aspect will benefit the owner. The property is located at a prime area in New South Wales. The current project has an ample of potential in terms of growth. The maintenance cost of the property is high which has imposed difficulty on owner. It is suggested to tender out the property for maintenance. Investor is however suggested to hold the property for a long tenure rather than selling it out as it may affect the current decision. References Australian Property Management,(2016) (Online).Available at: https://www.auspm.com/ (Accessed on: 20/10/16) Barnes,R. and Doidge,G.(2010). Managing Your Investment Property: The Essential Guide to Property Management in Australia and New Zealand. John Wiley Sons Bozorgi, A., 2015. Integrating value and uncertainty in the energy retrofit analysis in real estate investmentnext generation of energy efficiency assessment tools. Energy Efficiency, 8(5), pp.1015-1034. Enever, N., Isaac, D. and Daley, M., 2014. The valuation of property investments. Taylor Francis. Epstein,B et al.(2010) . WILEY Interpretation and Application of International Financial Reporting Standards 2010. John Wiley Sons Gatti, S., 2013. Project finance in theory and practice: designing, structuring, and financing private and public projects. Academic Press. Gordon,J.(2015). Newcastle property prices outstripping capital cities.(Online).Available at: https://www.theherald.com.au/story/3019147/newcastle-property-prices-outstripping-capital-cities/ (Accessed on: 20/10/16) Grant, R.M., 2016. Contemporary strategy analysis: Text and cases edition. John Wiley Sons. Mangioni,V.(2015). Land Tax in Australia: Fiscal Reform of Sub-national Government. Routledge Mishan, E.J., 2015. Elements of Cost-Benefit Analysis (Routledge Revivals). Routledge. Ohman, P., Sderberg, B. and Westerdahl, S., 2013. Property investor behaviour: qualitative analysis of a very large transaction. Journal of Property Investment Finance, 31(6), pp.522-544. Porter,L. and Prenzler,T.(2012). Police Integrity Management in Australia: Global Lessons for Combating Police Misconduct. CRC Press Renting a home ,(2016). .(Online).Available at: https://www.fairtrading.nsw.gov.au/ftw/Tenants_and_home_owners/Renting_a_home.page (Accessed on: 20/10/16) Residential Tenancies Act 2010 No 42,(2016) (Online).Available at: https://www.legislation.nsw.gov.au/#/view/act/2010/42 (Accessed on: 20/10/16) The Residential Tenancies Act,(2016). .(Online).Available at: https://www.tenants.org.au/factsheet-01-residential-tenancies-act (Accessed on: 20/10/16) Vaughan,C.(2012). Buying Property in Australia: A Guide for Non-Residents: A Guide for Non-Residents. Xlibris Corporation

Religion In North American Town Plans Essays - Mormon Studies

Religion In North American Town Plans The Influence of Religion in Pre-Industrial North American Town Planning Religion has played a vital role in the settling of many pre-industrial North American towns and cities. In fact, religion proved to be one of the main reasons Europeans broke their affiliation with the dictatorial and the monarchial rule in Europe and came to settle the Americas. Generally, these particular religious settlers incorporated town-planning ideas developed in Europe and translated them into their particular beliefs. However, some specific and influential settlers broke away from the norm in a progressive attempt to invent new societies in a new land based on accumulated knowledge. John Reps, the pre-eminent American historian on town planning has this to say about those who strayed from the common ideals. ?Almost from the beginning of settlement, America attracted a variety of reformers, utopians, and pariah religious sects. These dedicated? groups shunned existing cities with their temptations and distractions, preferring to create settlements in harmony with their religious, economic, or social convictions.? In this paper, I will analyze and compare the influence of two different religions in the settling of their respective towns. The first will be The Church of Jesus Christ of Latter-day Saints, also known as the Mormons, and the second is the Church of the United Brethren, also known as the Moravians. THE MORMON MISSION The Church of Jesus Christ of Latter-day Saints is a Christian religion that came into existence during the early 19th-century American movement of religious revivalism called the Second Great Awakening. Officially, Joseph Smith, who is recognized as a prophet in modern Mormon teachings, founded the church in 1830 after he said that God had spoken to him. In that same year, he organized his first followers in New York. From that point on, as they marched westward, he experimented in building towns that revolved around order, unity, and community.? These values were viewed as supreme in the prophet's ideal society, and these same values were at odds with values that were characteristic of many cities and towns already existing in America at that time. It is said that his aim was to realize the Christian commonwealth that had been the ideal of John Winthrop in Puritan New England. According to one account, Winthrop at one time had said to the colonists, ?Wee must be knit together in th is work as one man.? This one statement seems to provide the basis of Smith's convictions when he set out to form new towns in hopes of turning people on to his religion. The Law of Consecration and Stewardship was outlined by Joseph Smith in 1831, and marked the beginning of Mormon ?communitarianism.' This law was a prescription for transforming the highly individualistic economic order of Jacksonian America into a system characterized by economic equality, socialization of surplus incomes, freedom of enterprise, and group economic self-sufficiency.? Basically, what this meant was that all members of the church and hereafter, the community, would deed all of his/her property to the bishop of the church. On top of this, the community was to farm and cultivate the land together and share equally the crops. In turn, the bishop would appropriate these assets out based on the need of an individual or family residing within the community. Doctrines of the church such as these held a paralleled relationship to the planning of the towns. By early 1831, Joseph Smith and his following had moved west to Kirtland, Ohio. Kirtland was an ideal spot for Americans seeking prosperity given its ripe location for trade as well as agriculture. The land in Ohio had richer soil than that found along the Atlantic coast, and the climate was much milder. A good reason for this can be attributed to Ohio's gentle topography. This was beneficial to the Mormon people who relied on farming and trade. The location was in close proximity to both Lake Erie, which provided the transportation to the East, and the Ohio Canal, which connected to the Ohio River and hence the entire Mississippi River system. The Mormons however did not take full advantage of this beneficial location for settlement, as they left after only a short period of time. Kirtland was a settlement