Building Your Team Skills

Building Your Team Skills - Building Your Team Skills 1....

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Building Your Team Skills 1. Housing starts lowest in months is great for a buyer looking to invest in a house to live in. It could be good for someone who would be looking for real estate to buy and resell, making a profit for themselves since the market is currently low. In this case, if that person gets a good deal on property and sells it later when the market it’s higher. Only time will tell if this is a good gamble since the market could stay low or continue to drop. Prices dropped most likely because the demand for houses dropped, and therefore we can assume less people are buying. With less people buying, the economy is hurt because less money is used in business transactions related to housing. Large businesses, namely real estate, would most likely be hurt because they can not sell their current inventory and will make less profit. Small business that may want to get started in the real estate field would benefit because they would have an easier time getting started by buying their first properties. Additionally, new construction will suffer as well as any company that manufactures and sells materials to build new houses. 2.
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This note was uploaded on 04/09/2008 for the course BUSINESS 102 taught by Professor Obi during the Spring '06 term at Coast Guard Academy.

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Building Your Team Skills - Building Your Team Skills 1....

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