По выполнению практической работы № 12

Задание № 2. Прочитать и перевести текст. (30 баллов)

Real Estate Markets and Participants

In the United States and many other countries, market competition serves to distribute resources (i.e., goods, services, and capital) among the various users. The market’s forces of demand and supply interact within the economy to determine the price at which goods, capital, and services are exchanged and to whom they are allocated. Real estate resources are allocated among its various users—individuals, households, businesses, and institutions—in the real estate market. Real estate values derive from the interaction of three different sectors in the economy: the “real” world, or user markets; the “financial” world, or capital markets; and government.

The primary participants in user markets are the potential occupants, both owner occupants and tenants, or renters. Ultimately, the demand for real estate derives from the need that these individuals, firms, and institutions have for convenient access to other locations, as well as for shelter to accommodate their activities. Based on the financial positions of households and firms and their wants and needs, they decide either to own and occupy property, or to lease property from others. Thus, about two-thirds of U.S. households own their home, and many businesses own their property, while most commercial real estate located in the

central business districts of U.S. cities is leased.

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Задание № 3. Заполните схему, используя следующую литературу: Фридман Дж. Анализ и оценка приносящей доход недвижимости. – М.: Дело, 1997. – 480 с. (30 баллов)