However, given the instant fame that it brings the reality tv contestants, can we even assume that these are everyday, regular people? And, to heighten the drama, can we trust that the producers won't manipulate story line?
It can be argued that Mark Burnett created the reality tv phenomena with the grand daddy of them all, Survivor. The concept was simple enough: in a micro environment, who was best fitted to survive the group dynamics and the environment. Logically speaking, you'd think the best outdoor survivalists would win. However, in cases more often than not, it's the person who best plays the players that win. So is this representative of a real life emergency situation that you'd shun the nicest people and those who are actually capable of fending for themselves in the outdoors?
Stripping down of the external hardships, Big Brother is another non-scripted show that makes you wonder if people really behave this way. Stuck inside a house and bored out of their minds, we spy from the hidden cameras that the contestants have nothing better to do than to plot the demise of one of their own. For this game, the ability to wheel and deal, forge alliances and backstab is the route to victory.
If you have ever noticed, reality tv contestants are also generally pretty good looking. This probably is not a true reflection of the office slobs that the general public has to deal with. However, one thing is for certain, genetically gifted people are given the leg up for at least being casted in the show. The work is probably a godsend for struggling actors and models trying to get a break. And no doubt that they are probably all about getting screen time by creating drama for the benefit of the producers watching behind their hidden spy cameras.
So, is reality tv real, and is it just a microcosm of everyday life? Yes and no. It is a fact that good looking people will get ahead in the world. However, people do tend to want to live in harmonious situations. But all this changes when your livelihood and self preservation is at stake. Once threatened, all civility goes out the window. The situation is the same when there's a promotion or something else that will help you advance your status in life. Therefore, don't be surprised by backstabbing coworkers in the corporate world. While the audience can watch the contestants every move with hidden cameras, we don't have this luxury in the workplace. Maybe reality tv can teach us something after all.
Thanksgiving The True Story
Every now and then you hear on the television, or through passing, or even in daily conversation how the real estate market is always changing. The markets can change from city to city and state to state. You hear terms such as ?it's a buyer's market,? or ?it is soon going to be a seller's market,? and ?it's a hot market.?
Everyone understands, simply by the description of the terms, that a buyer's market means the market is best for buyer's to be purchasing property. A seller's market means the market is best for seller's to be selling their property. And hot market, is often used by investors to describe a market where there is a lot of investment activity and excellent land prices. This ultimately means increased return on investment for commercial real estate investors.
So we know what these terms describe, but what about the true characteristics of a buyer's and seller's market? Does it differ from residential and commercial real estate? Let's look at these descriptions and what they really mean and how you can assess the market yourself and not have to rely on what the general public is talking about that specific day.
Many definitions of seller and buyer markets are very limiting. For example, a seller's market: a market which has more buyers than sellers. Low prices result from the excess of supply over demand. A buyer's market: a market which has more sellers than buyers. High prices result from excess demand over supply.
These definitions explain why each market is the way it is. However, what are the true ramifications?
Instead of using supply and demand, I prefer to describe these markets through power. Who has the power to call the shots- the purchase price for property.
With a buyer's market, the buyer has the power to dictate the purchase price. There are so many properties for sell, so many sellers, and not enough buyers for those properties. So if a seller really wants to part with his or her property, they are almost fighting over who is going to purchase the property.
The buyers are going to naturally ask for a lower price because the seller will need to come down in price to sell the property. They could try to hold out for a buyer who will pay them more. However, a buyer could simply move to another similar property that could cover their needs just fine, at a lower price. So with a buyer's market, they have the power to name the price and the seller's must succumb because otherwise, they won't be able to sell the property. That is how the prices are driven lower.
The opposite is true of a seller's market. In a seller's market the sellers have the power; they have the power to dictate the price. There are far more buyers than sellers so there is a limited supply of properties. The sellers can easily raise their prices because the buyers will have to pay more than the next buyer if they truly want o purchase a property. So prices in the market are driven higher as the sellers know they can get these prices.
So the type of market it is really has to do with power- who can call the price for a property. In the residential real estate markets, the type of market at a certain point in time is easy to determine. Are the housing prices rising or falling?
In commercial real estate, it is not so easy to determine. This is because there are so many different types of properties: development, building, rehab etc. Depending on your investment strategy and what you are looking for in a market, the terms buyer's market and seller's market do not hold as much value as the term ?hot market.? A hot market is one where the purchase values are low and the return on investment is high. There is a lot of commercial real estate activity, a high population growth rate, and a growth strategy within the city. Then again, what one investor feels is a hot market is not a hot market to another investor.
Commercial real estate is a special case where the market cycle changes from city to city. And no matter what point in the cycle a city is experiencing, an investor with a specific investment strategy can find value within that specific market. That is a definite benefit of commercial real estate. You can always find value in commercial properties.
With this information, a person can decide when it is best time to sell or purchase a property and you can plan for it before hand. Review daily newspapers, housing and real estate magazines, and you morning news program to see if there are any noticeable changes in the real estate market.
Both Mariam Ma & Tony Seruga, Yolanda Seruga And Yolanda Bishop are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Mariam Ma has sinced written about articles on various topics from Pets, Fishing and Pets. WeSpy4U sells a variety of . and other gadget. Mariam Ma's top article generates over 40500 views. to your Favourites.
Tony Seruga, Yolanda Seruga And Yolanda Bishop has sinced written about articles on various topics from BMW, Real Estate and Real Estate. Specializing in commercial and investment real estate, Tony Seruga, Yolanda Seruga and Yolanda Bishop are always searching for new and profitable commercial properties across the U.S. Visit. Tony Seruga, Yolanda Seruga And Yolanda Bishop's top article generates over 1000000 views. to your Favourites.
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