Monthly Archive: January 2016

George Soros Suggestions of German Immigration

For the past fifty years, one of the most well regarded economic minds in the world has been George Soros. George Soros is best known for being the head of Soros Fund Management and being a lead advisor to Quantum Fund. Through his investments in these funds and other businesses, he has accumulated a net worth of around $25 billion.

Due to his lengthy industry experience, Soros is often looked to for his opinion on different current events and situations that are impacting the global markets. One situation that has had an impact on markets across the globe, particularly those markets in Europe, has been the migrant situation in Germany. While the Syrian migrant situation is largely considered a social issue, some believe that it could lead to social and economic issues in Germany and also put the entire European Union at risk.

German Chancellor Angela Merkel made international news last year when it was announced that Germany would have an open door policy for allowing Syrian refugees to enter the country. While there is obvious concern for Syrian citizens due to the rampant civil war, the risk of increased terrorist activity due the extremists leaving the county has led many countries to create laws disallowing the migration and immigration of Syrian refugees.

While Germany was recently supportive of Merkel’s decision, the approval of Syrian refugees has continued to decline. The recent terrorist attacks in Paris have only added to the disapproval. To make matters worse for Germans, many other countries in Europe have taken measures to prevent refugees from entering their countries, which has only led to more people to immigrate to Germany.

George Soros believe that this stress on Germany could lead to tensions with other countries in the EU, which could eventually lead to a weakening union or lead to an entire dissolution. While there is plenty of risk for this to occur, he has pointed out that there is still time for this to be prevented. However, in order for this to be prevented, it will be up to Angela Merkel and the rest of Germany to ensure that the union stays strong and unified on this matter.

One suggestion that he has come up with is to extend the current immigration and asylum plan beyond the borders of just Germany and Europe. This will help to reduce the economic load that comes with taking on so many additional residents of each additional country.


Aggregate Report Reveals Weakness in 4th q Real Estate Sales

Since the end of the 2008 recession the real estate market in New York City  apartments for rent  has been on a tear with average prices per unit and square foot increasing year after year. The Aggregate, which is a real estate report that is issued by Town Residential on a quarterly basis was released for the fourth quarter and provides raw data which indicates that the trend upwards has not been modified and prices in the fourth quarter have increased by 5% from the prior year.

Town Residential is one of the premier luxury real estate agencies in the New York City area and their Aggregate Report, which h is available on Virtual Strategy Marketing’s website, provides the insight of their professional real estate agents and executives. This provides additional insight above and beyond the raw data presented in the report and helps to serve as a valuable resource to readers.

The fourth quarter Aggregate report discovered a discrepancy between the average rate of increase and the marketplace which is meaningful to real estate participants. While the average prices for apartments and square footage increased in New York City, the figures appear to be distorted by new development projects coming online during the fourth quarter that have higher prices than existing inventory does. This has led to a variation in the real estate prices when the new development data is juxtaposed to existing inventory. New development units are still very attractive to buyers as they have modern amenities and appeal to the social standing of many people, but the pricing pressures on existing inventory including an increase in the number of days units are staying on the market, has led to a divergence of pricing.

Overall, for buyers who are looking for existing units this provides them with some additional bargaining power given the sheer number of units available on the market. Over 7,000 units were listed on the market in Manhattan alone at prices ranging from the sub $2 million market to over $10 million luxury market. If you are looking to purchase or sell a unit reach out to Town Residential to provide you with more information regarding the options available to you.

A Sigh of Relief for Squaw and Wirth as the Olympic Valley Incorporation Drive Halts

For the past few years, the communities and businesses North of Lake Tahoe have suffered the brunt of both nature and what Andy Wirth terms as divisive political activism. It all started with an epic drought that swept through the land bringing with it devastating effects on the small businesses and winter resorts that rely on them. These include the Squaw Valley resort and some of the most popular winter sports terrains in North America.
In an article published by Reno-Gazette Journal, the situation was further aggravated by the incorporation suit brought against the Olympic Valley communities. This case lasted four long years pitting the incorporation backers led by Fred Ilfield against the Olympic Valley communities. The communities and their interests were represented by the Squaw-Alpine resort CEO, Andy Wirth, who saw the incorporation move as a threat to the business and civic climate in the valley.
Wirth described the incorporation as a long-term threat to the survival of the valley communities and businesses therein. He noted that such incorporation would serve to increase taxes on the valley businesses making it difficult to open up a business or a operate one in Tahoe. According to Wirth, this would also lead to a decrease on the services that people depend on for survival such as road maintenance and snow plowing.
It, therefore, came as a relief to the Olympic Valley residents when the incorporation sympathizers decided to withdraw their case. It also served double relief to the Valley businesses as the winter season storms and colds came in earlier than anticipated and thus the opening of the various resorts across Tahoe including Wirth’s Squaw-valley resort. Wirth also mentioned that case was quite divisive and called on the Tahoe Valley residents to see the dropping of the case as a chance for healing.
About Andy Wirth
Andy began his career in as an intern with the Steamboat Ski and Resort Corporation in 1986. For over 20 years, Andy has been working with the company in its marketing department in various roles until 2006 when the company was purchased by Intrawest. This saw Andy elevated to the position of the company’s Chief Marketing Officer and Executive Vice President of sales. In 2010, he joined Squaw Valley Ski Resort as CEO where he serves up to date.

Dog Food Companies Offer Important New Products

The world is always changing. New products often come on the market in response to customer concerns. This is very much true of dog food. Dog owners have come to realize that research indicates the importance of feeding their favorite pets dog food that is made from the best possible ingredients. In turn, dog food companies have jumped at the chance to offer their customers the opportunity to purchase dog food they know to be an excellent product. This has seen a flood of new dog food products on the market that are designed to help customers get access to the best possible products for the needs of their dogs. One of America’s leading dog food company providers has long understood this need and done their best to meet it. Beneful provides owners with the chance to buy dog food that is ideal for the needs of any pet including both older dogs with special needs and new puppies. Officials at Beneful have long realized that today’s dog owners are people who know that new nutrition science tells us that dog food must be of the highest possible quality in order to feed a pet and help it grow. They also know that dog owners want to do their best to provide such high quality dog food for their animals. This has led them to do their best to work with new research about how to feed a dog and use that knowledge to help provide better dog food. Dog owners have been highly responsive to Beneful’s impressive market efforts. In recent years, their loyalty and appreciation of the brand have led to enormous success in the market as pet owners have often flocked to their side. Dog owners know they can count on Beneful to offer them the best possible dog food each time they purchase it. They know that any time they choose to feed their dog Beneful products, they are doing something that ideal for their pet. Dog owners also know that all varieties offered by Beneful will easily satisfy the needs of their adored animal companions.