Real estate Essay Example | Topics and Well Written Essays - 2500 words

Real estate - Essay ExampleThe palp adequate to(p) estate firms should put in place measures to ease the effects of inflation on their firms to ensure tranquil operations. These approaches could either be internal or external to the firm concerned (Ball, 2008, p. 126). Through use of fractions, firms be able to compare their own operations in relation to set objectives and assess the extent to which they were able to accomplish the set goals. Also, they will be able to assess their performance in relation to new(prenominal) players in the same industry and devise style to boost their performances (DTZ Holdings Plc, 2010, P.25).Just like the other vocation activities, real estate businesses are influenced by the prevailing market forces (Sunday Mirror, 2011). The real estate must tool tactical decisions to ensure their survival during financial meltdown. Inflation has profound consequences on both businesses and individual consumers. collectible to decline in purchasing power, the consumers tend to buy less of product and services with the same core of money than what they could purchase before the occurrence of recession (DTZ Holdings Plc, 2010, P.46). This is caused by the fact that recession result to change magnitude in prices of the basic consumer commodities which is similar to decline in consumers income. Therefore, consumers are required to spend more coin to acquire similar amount of goods and services they used to enjoy before the occurrence of recession.Recession similarly results to decline in saving ability of the consumers (DTZ Holdings Plc, 2010, P.46). As the prices of commodities and other facilities like housing goes high, the consumers have to assign greater proportion of their earnings to the basic commodities like food, education and healthcare hence leaving junior-grade or no funds at all for savings. Both individuals and the organizations have to devise other means such as innovations to create