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Pages:
2 pages/≈550 words
Sources:
Check Instructions
Style:
APA
Subject:
Mathematics & Economics
Type:
Research Paper
Language:
English (U.S.)
Document:
MS Word
Date:
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Topic:

Real Estate Industry. Mathematics & Economics Research Paper

Research Paper Instructions:

DESCRIPTION - MEDIA PROJECT PAPER
The coronavirus outbreak has already brought major economic disruption to many countries. And many industries are worrying about how to stay afloat. Congress recently passed a major stimulus/recovery act to address the economic pain faced by various industries. Pick one of those industries to research and analyze. But if you already had an industry in mind, feel free to continue on that path. The article gives some information about how the industry is being impacted and how the stimulus will help, but you should also do a little more research about the industry.
The directions for the Media Project Paper are as follows:
Select an industry mentioned in the article on Fiscal Stimulus Package that's attached to the Media Project Module.
Introductory Paragraph – research and describe how industry was doing prior to the crisis
Describe the major impacts of the coronavirus – why did the crisis affect the industry so strongly.
Describe how the stimulus will be used to lessen the impact of the virus.
Conclusion - your opinion on what the future holds for that industry - after the crisis is over – will the stimulus help them to fully recover.
Paper of about 2-3 pages, double spaced, by May 7.

Research Paper Sample Content Preview:
REAL ESTATE INDUSTRY
Name
Course
Date
Real Estate Industry
Real estate refers to a property of land and the buildings on it. This industry was doing well before the Coronavirus outbreak. Real estate is a critical sector in the economy of the United States. This is so because it contributes a lot to individual and business wealth across all economic sectors. Real estate plays a crucial role for those own land. With the emerging new technology in the world there have been several changes in the Real Estate industry.
Technology has been a catalyst for change in all sectors of business and industry, including the real estate market. Real estate data is being consolidated in the web, and there has been a rise of smart buildings. Real estate owners are embracing online services to engage tenants. This is helping them to dodge brokerage fees and soon, the role of brokers will be overtaken by advisors and consultants. Leasing activities are taking place online because of the developments in cloud computing together with mobile and social media (“How technology is changing the real estate industry”, 2020).
Impacts of Covid-19 on Real Estate Industry
The Coronavirus has changed the way we live and do our daily activities. It has suspended several business sectors, real estate industry being one of them. With the social distancing and restriction to open houses, prospective buyers are not willing to be loitering around in search of real estates to buy. Other potential buyers are uncertain whether investing in a property will bring realistic returns. Most towns and cities are heading to total lockdowns, and people are considering to move out of them. People with other homes are moving to them, and others are finding short term rentals in the suburbs.
During this time, home prices are suffering a sl...
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