Editor's comments

Article Abstract:

An early legislation permitted the formation of a real estate investment trust (REIT) which holds the taxpayer free from federal corporate tax under certain conditions. This law allowed the public to invest in real estate in a large scale by merging their funds. Since then, REITs have grown into a tool for investment, ownership, operation and finance of large-scale real estate ventures that were previously the arena of wealthy individuals and institutions. A proposed Congressional bill that may reduce the benefits of REITs is discussed as well as its implications.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Real estate investment trusts, Real Estate Invest Trusts, Real Estate Services Regulation, Laws, regulations and rules, Commercial law

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Editor's comments

Article Abstract:

The international economic conditions of the late 1990s parallel those of the 1920s and other economic boom and bust periods in terms of a bull market, the increasing number of mortgage loans, office construction and bank lending. However, the solvency of the nation's financial institutions which have substantial exposure in terms of foreign debt is threatened. Multibillion dollar mergers have proliferated across industries and foreign policy appears to be cobbled on an ad hoc basis with no long term planning mechanisms.

International aspects, United States economic conditions

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Editor's comments

Article Abstract:

Real estate investment opportunities in Norway should be examined in the light of various economic indicators in the country. The real estate industry has grown due to a boom in office construction. Construction has been spurred by the increasing number of skilled employees in the country. Similarly, the construction of skiing resorts has increased due to the success of the Lillehammer Olympics.

Real Estate, Real Estate and Rental and Leasing, Analysis, Economic aspects, Norway

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