Housing Redevelopment Policy next we explain Seoul New Town project. New Town project is a one of Housing Redevelopment Policy to promote fair development in overall region of Seoul city and Seoul New Town project has improved some disadvantage of original Housing Redevelopment Policy. So far New Town project become effective at three levels, Eun-pyeong New Town project. Through the case of Eun-p
housing prices began surging in 2006, the State Council published six regulative measures in May to adjust the structure of residence supply, focusing on the development of medium and small houses to satisfy the demand of ordinary buyers. These policies were aimed to stabilize the housing price and not to reduce it. Despite the measures, because of China’s fast growing economy and the high depo
The U.S. sub-prime financial crisis of 2008 was caused by sharp house price increases in 2006 called “housing bubbles.” This not only caused overvaluation of house prices but also excessive borrowing. Fannie Mae and Freddie Mac, two government agencies who created the secondary market for mortgage-backed securities, bought and held conforming mortgages and turned a similar amount of home loan
3. Cultural environment
1) Prevalence of Lookism
- Recently, a plastic surgery and an online recruit company conducted a survey on the importance of appearance to 1,264 people. 98% of the respondents said "Appearance influences the success in the interview," and 94% of interviewers confessed that they consider the appearance of the applicants during the interview.
2) New words for fashionable
1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency?
GAP H&M Benetton Inditex
ROIC -0.15% 24.16% 11.20% 27.24%
Return on sales -0.06% 9.60% 7.05% 10.46%
COGS/sales 7