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NEP: New Economics Papers Urban and Real Estate Economics Edited by: Steve Ross University of Connecticut Issue date: 2012-04-17 Papers: 23 Note: Access to full contents may be restricted.  NEP is sponsored by SUNY Oswego. To subscribe/unsubscribe follow this link http://lists.repec.org/mailman/options/nep-ure In this issue we have: Is India's Manufacturing Sector Moving Away From Cities? Ejaz Ghani; Arti Grover Goswami; William R. Kerr A Regional Model of Endogenous Growth with Creative Destruction Steven Bond-Smith Local average neighborhood effects from moving to opportunity Dionissi Aliprantis; Francisca G.-C. Richter Compulsory Schooling Laws and In-School Crime: Are Delinquents Incapacitated? Gregory A. Gilpin; Luke A. Pennig What price a roof? Housing and the cost of living in 16th-century Toledo Drelichman, Mauricio; Gonzalez Agudo, David Well-Being in Germany: GDP and Unemployment Still Matter Johannes Vatter Landfill Diversion in a Decentralized Setting: a Dynamic Assessment of Landfill Taxes Massimiliano Mazzanti; Francesco Nicolli Taxing home ownership: distributional effects of including net imputed rent in taxable income Francesco Figari; Alari Paulus; Holly Sutherland; Panos Tsakloglou; Gerlinde Verbist; Francesca Zantomio Early Childhood "Pay-For-Success" Social Impact Finance: A PKSE Bond Example to Increase School Readiness and Reduce Special Education Costs Robert Dugger; Robert Litan Complex Methods in Economics: An Example of Behavioral Heterogeneity in House Prices Bolt, W.; Demertzis, D.; Diks, C.G.H.; Van der Leij, M.J. Robust Test for Spatial Error Model:Considering Changes of Spatial Layouts and Distribution Misspecification Guo, Penghui; Liu, Lihu Comparing Treatments across Labor Markets: An Assessment of Nonexperimental Multiple-Treatment Strategies Carlos A. Flores; Oscar A. Mitnik Understanding Places Using a Mixed Method Approach Deutsch, Kathleen E; Goulias, Konstadinos G. Hope VI Fairfield Court Neighborhood: 2011 Evaluat

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The inflow of foreign direct investment (FDI) in India decreased to around 2-year low at 1.05 billion US dollar in November 2012 because of uncertainties of the global economies. Back in November 2011, the FDI was worth 2.53 billion US dollar. The Department of Industrial Policy and Promotion (DIPP) announced that from April-November period 2012-13, inflows of FDI decreased by around 31 percent to 15.84 billion US dollar from 22.83 billion US dollar in 2011-12. The reason why inflow of FDI decreased was because of the issues arising in the global economic scenario. Economic slowdown as well as absence of political consensus on FDI-associated issues are the main causes of decline in FDI inflow.

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Real estate in India has been going though a dimly lit corridor during the past one year. Dip in demand for housing sector and a weak economy has resulted in sluggish sales across the country in 2012. The absorption rates in realty hubs like Dehi NCR and Mumbai have come down by about 30% and Mumbai alone has to bear the burden of around 80,000 unslod units. Launches have plummeted by 50% in most of the cities in 2012 as well.

A post on a reliable real estate blog helping you prepare to buy in 2012 -Rob Flitton *The Closer*,(702) 496-7260, robflitton@gmail.com, RE/MAX Las Vegas Real Estate Specialist

Property for sale in Airoli - NaviMumbai is one of prominent localities in Mumbai. The price trends of Properties for sale in Airoli, Navi Mumbai has been witnessing ups and downs. The price per sq ft was Rs 6477 in Oct-Dec 2011 quarter which rose to Rs 6879 in the consecutive quarter of Jan-Mar 2012. Further in the Apr-June 2012 quarter the locality witnessed a fall in the rate per sq ft to Rs 6775.

What is a 'New Home Grant'? From 1 July 2012 most purchasers of new homes in NSW valued up to $650,000 will be eligible for a $5000 New Home Grant. The Grant will also be available to purchasers of vacant land valued up to $450,000 on which a new home will be built. When does it apply? It applies to eligible agreements for sale or transfer entered into on or after 1 July 2012 (other than transfers relating to agreements entered into prior to 1 July 2012)

Property in Bangalore has outpaced the town's IT-twins Infosys and Wipro, belting out a record four areas of dual number development in 2012-13

DLF Garden City is a splendid project of DLF group located at Old Mahabalipuram Road in Chennai. This residential project is offering 2/3 BHK apartments with the size ranging from 1170 sq ft to 2012 sq ft. The price of these flats is Rs 3200 per sq ft.

What trends are affecting the value of my home? What new economic policies will be shaping my real estate decisions in the coming months? January 2012 Market Update 2012 shows signs of an improving housing market as the U.S. economy continues its forward-moving yet slow road to recovery.

There were seventy two sales in April recorded with the Pitkin County Clerk. This was up some from the 64 sales in April 2012.

The real estate in India is at a crucial phase at present. While the real estate has been growing at a hurricane pace in the last decade or so, recent slump has put clouds of doubts hovering over the high rises of India. Sales have been dropping and the contribution of real estate to the economy has also slumped from 10.6% in 2011 to 6.5% in 2012. Although recent rate cut has been welcomed by the really players, the changes in Service Tax Act have made it more expensive to own a home.

The eurozone crisis has been haunting the global economy for a while. Countries in the common currency region are deteriorating very quickly. Look at the Spanish economy, for example: in the first quarter of 2013, it contracted 0.5% after continuing its slide from the last quarter of 2012, when it declined 0.8%. The Spanish economy, the fourth-biggest in the eurozone, has been contracting for seven successive quarters. (Source: "Austerity chokes off Spanish economy," Deutsche Welle, May 30, 2013.)

n 2011 you should have stopped spammy backlinks. In 2012, if you are still implementing spammy link building (paid or otherwise) then you are at this moment on a tightrope with a whole array of penalisation methods that Google now have in place beneath you and your website.

Real estate in India is undergoing a dim phase and the year 2012 has witnessed plummetting sales and launches across the country. Developers are coming up with innovative plans and schemes along with cooperation from banks to revive sales of houses in the country. Subvention scheme is an innovative scheme introduced by a number of developers as a part of their endeavour to make the property transaction customer friendly. Under the subvention plan, a customer buys an under constructipon property for which he/she does not have to pay EMIs for a defined period or until he/she takes possession of the house. Usually, private and nationalised banks tie up with developers to offer loans for such subvention plans.

Compared to July 2011, home sales in the Beloit, Wisconsin real estate have risen by 17 per cent in 2012, indicating that the market is recovering. According to the Wisconsin Realtors Association, the median price of a home showed an increase for the...

Fast growing real estate has become the face of major Indian cities like Mumbai, Delhi-NCR, Bangalore, Chennai, etc. and increasing urbanisation paves a way for healthy demand for the sector in the future. The role of realty is considered significant in India's economy. Along with considerable contribution to gross domestic product (GDP), realty also helps to improve infrastructure in India. Real estate contributed 10.6% to India's (GDP) in 2010-11. The dismal performance of the sector becomes evident form the fact that its share of contribution came down to 6.5% in the year 2012.