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Thursday, 4 November 2010

Something Is Worth What Somebody Is Prepared To Pay For It?

People think they know the price of everything but in essence know the value of nothing! What the past three years has substantiated is that valuations are merely a subjective guide, not a 'cast iron guarantee' that prices will not fall. Housing bubbles are typically characterised by rapid increases in the valuations of real estate and property until unsustainable levels are reached relative to incomes. The underlying causes of the housing bubble are complex. Factors include historically low interest rates, lax lending standards, and a speculative fever. Housing bubbles are cyclical though, some of us know this oh too well. Edward Griffin predicted it in his 1994 book "The Creature from Jekyll Island." So did the following author in a March 3, 2003 article: "[W]e can profit from the collapse of the credit bubble and the subsequent stock market divestment [(decline)]. However, real estate has not yet joined in a decline of prices fed by selling (and foreclosing). Unless you have a very specific reason to believe that real estate will outperform all other investments for several years, you may deem this prime time to liquidate investment property (for use in more lucrative markets)." The Economist magazine stated, "The worldwide rise in house prices is the biggest bubble in history.

Doctor Doom Economist Nouriel Roubini, has predicted that the US is heading for another severe economic crisis. In a recent commentary for the Financial Times, Roubini said that the outlook for the world’s largest economy is bleak. He explained that while President Obama’s stimulus package prevented a new depression, it is coming to and end with no program in place to follow up. Roubini was one of the first economists to correctly predict the US housing disaster and said that the most likely result of the upcoming mid-term elections will be serious fiscal drag which will do nothing to give the US economy the boost it desperately needs. He also said the President Obama deserved credit for institution the first round of economic stimulus packages and supporting growth. But now with the current trend towards austerity packages in many European nations, the word stimulus in political circles, especially in government, is now unpopular.

Lets assume for argument sake that Harrods an Iconic International Brand "Brand Equity" being everything, this point and case proves that theory. Was valued at £1 Billion Al Fayed might perhaps have said to The Al Thani Family Qatari Royal Family who admittedly were not mortgage or finance dependant, or more so if they were financing their rating would perhaps be triple AAA credit worthy rating. Apologies but the valuation is incorrect and irrespective of the valuation, the price I require is £1.5 Billion and therefore I dismiss any subjective opinion, that quite clearly can be proved wrong. To conclude what would the value be of an energy efficient home tailored and bespoke to the clients personal and demanding requirements, within a green community totally self sufficient and sustainable from cleantech and renewable energy be worth? I believe potentially priceless and an invaluable ethical stance, practice and principle!

The black mystical art of valuations or common sense via your own normal logic via market research and due diligence? However when you want, need and desire, plus aspire for something badly and strongly enough and that emotional desire takes over. Obsession kicks out all practical logic and reason out the window!

The ultimate authority must always rest with the individual's own reason and critical analysis. "Dalai Lama"

Documentary "The Spirit of Business & The Values of Principles"

Aim to be Michael Moore of Scotland, not mythological, true to myself, and my beliefs for a very successful and progressive Scotland via unique innovation, ideas, concepts and visions, that will continue sustainable lasting and meaningful legacies for Scotland! Through macro and micro initiative and "Method of Operating" being ignored or traceable, organic locally sourced incentives being wasted. We will be exploring Banking, Finance irregularities, and catastrophic failures, plus continual self centred preservation monopolies. Through to humongous calamities by bureaucrats, politicians via continual errors in judgment, detrimental to our wealth and well-being. Plus business and planning processes and the inconsistencies via a multitude of planning and business applications that have no consistent logic or coherent pattern? Scholars and Academics, Historians, Physicists, Psychiatrists through to various Professionals from different specialist areas and fields and Business People, plus ordinary folk will be involved in the process and partake via interviews. Wishing to contribute towards making a meaningful difference, evoking, plus proving significant change for the better of us all.

Should Donald Trump have been given the go-ahead for his golf resort?

The Energy Wall

The Energy Wall
Micro Wind Energy Renewables Set Within The Landscape

Local Heroes

The spirit, camaraderie, unity of the residents at Menie has not truly or honestly been captured. We intend to signify their courage and conviction in the face of belligerent and arrogant tyranny.

The World Need a Jolly Green Giant

We don't have a "Jolly Green Giant" Corporation but we do need an Eco Environmentally Sustainable Iconic Brand, with ethical values and principles via it's environmental stance.

Angels Of The North "Scottish Angels & Saints"

Calling Scottish Patriots romantic & passionate about Eco values. Creative enlightenment revived, vigor & valor of our spirit, culture, heritage and history, renew innovation. Takes one icon to act.

The Energy Sails & Awnings

The Energy Sails & Awnings
Micro Wind Energy Renewables Within A Sailing Context

Thinking out of the box

Therefore I have formed a Co-operative/Consortium like motive operandi applying inherent value and intrinsic value towards it current pledgeholders, future shareholders and anticipated investors. Beyond the mere principle value of itself and Co-operative/Consortium Partners, who share the same values and principles towards executing, performing and delivering overwhelming and unconditional current pledgeholders value, future shareholders and anticipated investors value and returns, beyond mere monetary values and principles but more importantly Ecological and Environmental dividends and returns. Towards making a substantial and prolific difference, through evoking, plus provoking necessary change in attitude, behaviour, culture towards the ecology, environment and the built environment.

Your Country Needs You

Ask not what your country can do for you but what you can do for your country. Or go further what can you do for the people of this World? "Be a Social Responsible Entrepreneur" Action!

I Stand For Goodness What Do You Stand For?

We all have the ability to stand up and be counted. Lift our heads above the parapet, make a difference, be that change. Especially unique and innovative ethical ideas for the better of all.

Other Local Heroes

Extremely admirable the protest and statement Doctor David Kennedy made. I would concur that Donald Trump is by no means an exemplar or shinning idealogy for students to admire or follow.

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