Estate
in sentence
855 examples of Estate in a sentence
But by 2010-2011, it had soared to 47%, as the authorities unleashed a real estate- and infrastructure-construction boom aimed at offsetting the threat to exports and employment arising from advanced-country deleveraging.
But the US current-account deficit – about 6% of GDP in 2004 and 2005 – mainly reflects a new round of deficit spending by the US federal government and surprisingly low personal savings by American households (perhaps because of the bubble in US residential real estate).
Moreover, real
estate
and other assets are not even included in the accounting.
After all, property collateral is the bedrock of the Chinese financial system, with estimates of banks’ direct and indirect exposure to real
estate
ranging from 66% to 89% of GDP.
More damaging, prices for real
estate
and financial assets plummeted, but the liabilities remained – a major shock for businesses and the financial sector.
Making matters worse, the poor pay more indirect taxes (on land, real estate, and consumer goods), and the bottom 20% of the US population pays more than twice what the top 1% pays in state taxes.
Since then, China’s unremitting investment in infrastructure and real
estate
has fueled domestic demand, absorbing and reinforcing this credit growth.
At that time, the large amounts of capital that were suddenly pulled out of the stock market poured into real estate, with the increased leverage triggering a surge in urban housing prices.
The explanation is simple: the problems that underlie the crisis (the precarious state of Greek public finances and that of the Spanish real
estate
sector) have not been solved, though they should actually be easily manageable in a pan-European context.
To be sure, there were some short-term benefits from the excess investment in real estate: some Americans (perhaps only for a few months) enjoyed the pleasures of home ownership and living in a bigger home than they otherwise would have.
Moreover, in recent decades, profits have risen not only at the expense of wages, but also with much more accruing to finance, insurance, and real
estate
compared to other sectors.
Indeed, because the creation of new assets in developing countries will be slower than the increase in demand for them, the price of existing assets in those markets – equities, bonds, real estate, human capital – are likely to overshoot their long-term equilibrium value.
If real
estate
prices were to fall dramatically, a chain reaction could occur, taking down big and small investors alike, and over time causing wide suffering to ordinary Africans.
Even assuming stability in real
estate
prices, the global crisis surely will cause a fall in remittances by Africans working good jobs in Europe, the US, Canada, Australia, and the Middle East.
Given such inflammatory rhetoric, many people understandably felt considerable trepidation in the run-up to Trump’s summit with Chinese President Xi Jinping at Trump’s Mar-a-Lago
estate.
This strategy was aimed at keeping long-term interest rates low enough to boost demand for equities and real estate, and thereby increase wealth and spending.
But bankers and businesses, viewing these measures as desperate responses to self-fulfilling deflationary expectations, went on an investment strike, while using the central-bank money to inflate the prices of their own assets (stocks, art, real estate, and so forth).
With so much excess capacity in real estate, confidence will not recover to its pre-crisis level anytime soon, regardless of what is done to the banking sector.
In the fourth act, the real
estate
bubble will burst.
Why continue building when you can neither finance your investment nor sell real
estate?
From 2002-2007, trillions of dollars were loaned for sub-prime and prime mortgages, autos, credit cards, commercial real estate, private equity, and more, on the assumption by (most) borrowers and lenders that strong global growth, rising home prices and cheap, readily available short-term credit would continue for the foreseeable future.
Or are the losses so large –and in danger of mounting further as others (such as commercial real estate) are added – that a gradual workout is unlikely, if not impossible?
But they have since benefited from robust recovery in stock prices and high-end real
estate.
These policies have raised capital costs, with monetary tightening, in particular, taking a large toll on local governments and real
estate
developers.
Inflation will soon be the last problem that central banks will fear, as renewed slack in goods, labor, real estate, and commodity markets feeds disinflationary pressures.
It would lower the corporate tax rate from 35% to 20%, reduce the tax on capital gains (investment profits), eliminate the
estate
tax, and introduce other changes that benefit the wealthy.
And it was not only traditional rent-filled sectors, such as real
estate
or natural resources, that failed to reach their growth potential.
All of these changes could alter the use and pricing of real
estate.
Dubai was the world’s most spectacular real
estate
bubble and will have to be rescued by the deep pockets of Abu Dhabi.
Yet, with Chinese President Xi Jinping’s visit to Trump’s Florida
estate
earlier this month, it seems that the status quo in the bilateral relationship – crucial for global trade, growth, and stability – will be maintained.
Back
Next
Related words
Which
Their
Would
Prices
Other
Investment
Could
Assets
Years
After
About
There
Value
Should
Family
Where
Money
Financial
Market
Capital