Micro Homes can only work if there is shared facilities

DONGGUAN – Even as China’s economy slows from efforts to fight a bubble in high-end housing, waiting in the wings with potential to revive growth is a different housing market: The low end.
Some 50 million of China’s 230 million urban households live in substandard quarters often lacking their own toilet and kitchen, research firm Dragonomics estimates.
The firm figures China will need to build 10 million apartments a year until 2030.
A model apartment on display in Dongguan, a factory town in south-east China, gives an idea what some of these could be like. At the research centre of China’s largest property developer, China Vanke, is an apartment that measures 160 sq ft (14.8 sq m ), about the size of a parking space. The bed folds to make seating. The shower is a vertical tube by the front door.
At about 835 yuan (S$162) a square foot, an apartment that size is relatively affordable at the yuan equivalent of US$21,500 (S$26,200), which is around six times the per-capita disposable income for China’s urban residents. By contrast, the larger apartments that have been the traditional focus of China’s developers could cost as much as 40 years’ income.
Such initiatives offer hope to people like Mr Ou Yibao, a 27-year-old software engineer who lives in a dingy rental in Shenzhen and is currently priced out of ownership. While a focus on building expensive homes from 2005 to 2010 juiced revenue for developers, investors and municipalities, “the government sacrificed the aspirations of a generation to fuel this boom”, Mr Ou said. “People like us are left with little choice but to slave for years to buy a home.”
Figures released last week showed that Beijing’s two-year-old campaign to cool the overheated property market has borne some fruit. Urban housing prices declined 1.4 per cent last month from a year earlier, according to a survey of 100 Chinese cities.
That was a far cry from booming increases seen before the government – worried about unsustainable price rises and an affordability crisis – slapped controls on housing speculation in April 2010. The consequences were far-reaching: A weakening of economic growth to the slowest pace since the financial crisis; a profit squeeze for sectors like cement; and pain that rippled out to suppliers such as iron-ore miners in Australia.
Vanke’s micro-home shows the luxury-obsessed Chinese real-estate industry starting to address the build-up of demand from frustrated young professionals wanting to get on the first rung of the housing ladder and other urban dwellers who simply aspire to upgrade from shanties and dark basements.
Analysts say if the move to build more-affordable homes takes hold, it could help China achieve an economic soft landing and drive the next stage of growth.
Texas-based property investment fund, Century Bridge Capital, which has raised US$170 million to put to work in Chinese real estate, plans to focus on smaller apartments for the owner-occupied market.
“If you build for speculators and make a 70 per cent margin, that’s a grand slam home run, but it’s not sustainable. We are building to meet genuine demand. The margins are smaller, but you can keep hitting single after single for a long time,” said Mr Tom Delatour, Chief Executive.
“Wall Street thinks China’s government has killed the economy by deflating the luxury property bubble,” he said. “In fact, they have saved it.” DOW JONES

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Shared facilities is the only way to go if you want the Micro Homes concept, from shared toilet facilities, shower facilities, to laundry facilities, to lower the cost for homeowners, there is really no necessity to build large homes for families all the time, this is a specialised market that is both affordable and easily manageable for low income singles and families. Shoebox concept will still be popular with built-in toilet facilities if there is a right mix of amenities serving the catchment area and both concepts will ensure housing remains affordable for the poor and low income.
I can easily extend these concepts to hotels and service apartments to maximise returns, creating easily another 500,000 jobs and change the entire landscape of the future.
– Contributed by Oogle.

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Prada may be the highest bidder, but what is it’s economic contribution? Isn’t priority should be reserved for long term anchor tenants?

MILAN – McDonald’s has sued the city of Milan for €24 million (S$38 million) in damages over being kicked out of a tourist-packed shopping arcade, the Galleria Vittorio Emanuele II, after the American fast-food chain had rented the space for 20 years.
A second Prada store will replace McDonald’s in the 19th-century marble-floored shopping mall as a result of a public tender whose terms McDonald’s called “unfair.”
To celebrate the last days of one of its busiest restaurants in Italy, McDonald’s offered free burgers, fries and drinks to over 5,000 people from noon to 4pm yesterday.
“We wanted to say goodbye to the Galleria with a smile,” said Mr Paolo Mereghetti, head of communications at McDonald’s in Italy.
Losing the spot in the Galleria, which links the city’s historic Duomo cathedral to La Scala Opera house and is close to the chic Montenapoleone shopping street, would cause a €6-million loss in missed annual sales, said Mr Mereghetti.
“No jobs will be lost as a result,” he said.
In a show of affection, 1,500 people left messages on a Facebook page set up in early this month to comment on the closure.
“I will miss it because from now on I can no longer eat my favorite Miami fries admiring the spectacular Vittorio Emanuele arcade,” Ms Catia Fiorentino wrote on the website. REUTERS

The Devil’s Technology : Why I want to work in a unskilled place(MacDonald’s)

The Devil’s Technology : Why I want to work in a unskilled place(MacDonald’s)

Mind control (also known as brainwashing, coercive persuasion, mind abuse, menticide, thought control, or thought reform) refers to a process in which a group or individual “systematically uses unethically manipulative methods to persuade others to conform to the wishes of the manipulator(s), often to the detriment of the person being manipulated”.[1] The term has been applied to any tactic, psychological or otherwise, which can be seen as subverting an individual’s sense of control over their own thinking, behavior, emotions or decision making. In Propaganda: The Formation of Men’s Attitudes, Jacques Ellul maintains that the “principal aims of these psychological methods is to destroy a man’s habitual patterns, space, hours, milieu, and so on.”[2]
Theories of brainwashing and of mind control were originally developed to explain how totalitarian regimes appeared to succeed in systematically indoctrinating prisoners of war through propaganda and torture techniques. These theories were later expanded and modified to explain a wider range of phenomena, especially conversions to new religious movements (NRMs).

Thought broadcasting is a positive symptom of schizophrenia in the diagnostic process undertaken by mental health professionals.[1] Thought broadcasting has been suggested as one of the so-called “first rank symptoms” (Schneider’s first-rank symptoms) believed to distinguish schizophrenia from other psychotic disorders.
During thought broadcasting people describe their thoughts being broadcast, or available, to others. This is a passive process and not something the person can control. It is different from people being able to read their thoughts in that when thoughts are being broadcast they are available to anybody. To exemplify, thought broadcast can be compared to radio transmitting as opposed to telephone connections. Note there is no implication that their thoughts are being heard.
In mild manifestations, a person with this thought disorder may doubt their perception of thought broadcasting. Infrequent instances are considered to be mild. When thought broadcasting occurs on a regular basis, the disorder begins to affect behavior and interferes with the person’s ability to function in society. This is considered to be a severe manifestation of thought broadcasting that is usually indicative of schizophrenia.[2]

More than 10 years, I develop schizophrenia where I am really broadasting my thoughts where a group of people can see and experience what I experience. So everybody has subjected me to experiments until I have developed a tolerance from someone trying to control me using the Devil’s technologies that I have become immuned to it, developing ESP and my own technologies to fight back instead. Whatever I experience, others will experience it too so that is the reason there are so many crazy people, everybody want to stop me from having sex and control everything I do, whatever I eat or taste that establishment will have wild business, everybody is trying to steal my secrets, which is my inventions that is so advanced it will take at least 200 years before someone can come close to it. You cannot pick my brain, it is not found physically anywhere as I have developed an insight to counter the person’s every move, even try to con me with thought broadcasting(this is a trick where actually the attack knows everything you do at home via powerline-so the attacker must be staying at the same block), where there is a possibility if your brain is poisoned by certain chemicals that will allow the person to scan your thoughts using brain waves, even seeing what your eyes are seeing? The actual attack is using powerline to broadcast sublimal messages thru a fan coil like a fan or aircon, HAARP project does not have such capability, so I am going to kick ass and developed my entire range of 100 new technologies to counter every move the person makes, very soon, everything is going to be worthless if he does not stop it and there is no way he can touch me anymore.

More than 10 years, I have been suffering day and night from abuse, but up to now, I have found many evidence, and links of everyone playing games with me, so I suspect it is my mom and auntie who is playing games with me by telling garbage to everyone so everyone attack me, play games with me and interferes with everything I do, so that they can get benefits, as I have demonstrated, if this does not stop, I am capable of crashing the entire global economy and pay the entire Liberation Army of China to attack any country I want. Play games with my destiny and I will execute every single person involved especially in black magic and witchcraft and nobody dare to do anything to me. Whatever bad and evil I have overturned everything to create good, nobody has my skills because I already know everything, my skills are not from black magic and witchcraft.

– Contributed by Oogle.

Has music lost it’s value?

Has music lost it’s value?

If Video Killed the Radio Star, have today’s DJs and portable music players killing music?
Not really, music is like a photograph, with a timestamp in time, it evokes memories and it is linked to many moments in time just like a photograph, and mankind cannot live without music, in good times or bad times, music is a comforter, therefore if you link it to it’s economic value, it will fluctuate with the times, but really, music has never lost it’s value, it is as precious as memories throughout time. If you understand this logic, you will understand the value of music, musicians are just as creative as economists and scientists, and will never lose it’s value.
The music industry is not doing well today because of too rigid copyright laws like IP laws, where it does not provide the greatest reach to use your works, creating economies of scale. Imagine if your contract specifies that whoever use your works to create new works, you are entitled to a smaller percentage of the margin, and if 1000 people use your works and these 1000 in turn triple, can you calculate the income? With the Internet I can easily sell my songs for less than $1, and those who use my works I only charge a few hundred, can you calculate the numbers? This also apply to inventions where the inventor charges such a high royalty that it does not reach the widest audience, where the knowledge of the extend of the markets is very important to prevent killing his own invention instead, if you can get numbers, and your numbers get numbers, I can easily concentrate on what I do best and never worry about income again. 
P/S : This is my reply dedicated to Richard Marx.

– Contributed by Oogle

Excess capacity can be resolved with Goals, what you want is to keep going with minimum profits, until the cycle ends and you return to high profits again

SAN FRANCISCO | Tue Oct 16, 2012 7:06pm EDT

(Reuters) – Intel Corp’s weak outlook for fourth-quarter revenue and margins dispelled lingering hopes for a revival in PC demand towards the end of the year, pushing its shares 2 percent lower.
Intel, along with rival Advanced Micro Devices, had previously warned of weak demand for PCs, hit by a troubled global economy and the growing popularity of tablets like Apple Inc’s iPad, once dismissed as a niche device but now leading a fundamental shift in consumer computing.
Intel’s corporate-focused server and data center business has helped offset weak PC sales in recent quarters, but in the third quarter, revenue from that division also disappointed as enterprises bought fewer servers.
“You have to remember, data center has been the rock we’ve all leaned on,” said Patrick Wang, an analyst at Evercore Partners. “It’s a reflection of enterprises and companies rationalizing their year-end spend.”
With economic growth slowing in China and struggling in Europe and the United States, global PC shipments are expected by analysts to decline slightly this year, the first annual drop since 2001.
Intel said the data center business, which sells server chips and other equipment to companies and governments, grew 6 percent year over year in the third quarter, although it was down 5 percent from the prior quarter.
Profitability will also take a hit, as Intel idles excess capacity at its plants in an effort to reduce inventories of its processors.
It foresees fourth-quarter gross margins of 57 percent, or 58 percent on a non-GAAP basis, both plus or minus a couple of percentage points. Analysts on average expected gross margins of about 62 percent for the current quarter.
Chief Financial Officer Stacy Smith said about two-thirds of the anticipated decline in margins will come from excess capacity charges.
Intel is also running its factories at less than 50 percent of their capacity, redirecting unused space and equipment to be used on more cutting-edge production lines still being built.
To inject new life into PCs, Intel has been promoting a new category of thin, “Ultrabook” laptops with touch screens enabled by Microsoft’s upcoming Windows 8. But the Ultrabooks launched so far have been criticized as too expensive, and manufacturers have shipped fewer than expected.
“I absolutely expect growth in the PC segment, and I firmly believe that the level of innovation we’re seeing in Ultrabooks is going to be one of the catalysts,” Smith told Reuters in a telephone interview. “I’m not going to put a number out there -but I expect it to grow.”
Shares of Intel fell to $22.35 in after hours trade, after closing up 2.85 percent at $22.35.
MICROSOFT AS SAVIOR?
The world’s leading chipmaker is used to being king of the personal computer market, particularly through its historic “Wintel” alliance with Microsoft Corp, which led to breathtakingly high profit margins and an 80 percent market share.
But in the fast-growing and cut-throat mobile world, Intel is struggling – its market share is less than 1 percent of smartphones, trailing Qualcomm Inc, Samsung Electronics Co Ltd, ARM Holdings Plc and others.
That leaves some investors, already concerned about a lackluster global economy, asking if Intel’s invincibility has come to an end, and whether its profit and revenue growth potential may come back down to earth.
The PC industry has been banking on Microsoft’s launch of Windows 8 later in October to breathe new life into laptops and slow the trend of consumers buying smartphones and tablets instead of PCs. But there has been little sign of a significant bump in PC manufacturing or shipments ahead of the launch, at least in the short-term, analysts say.
Intel estimated fourth-quarter revenue of $13.6 billion, plus or minus $500 million. Analysts expected $13.74 billion for the current quarter.
In the third quarter, Intel’s revenue was $13.5 billion, compared with $14.2 billion a year earlier. Analysts had expected $13.23 billion in revenue for the third quarter, according to Thomson Reuters I/B/E/S.
Net earnings were $2.97 billion, or 58 cents a share, compared with $3.47 billion, or 65 cents a share in the same quarter last year.
(Reporting By Noel Randewich; Editing by Bernard Orr)

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It is the basis of economics that you can not enjoy high profitability forever, there are business cycles where there will be high profits and low profits, the trick is to balance both by planning ahead, where Goals will keep you from going under, maintain your workforce while you prepare for the next cycle. If the economy is weak, how to expect high profits, it is not practical, better keep your resources nimble and prepare for the next cycle.
Example :
If the economy is weak and PC sales is slow, you can switch to Ultrabook but do not expect 56% profit margin, you need to consider factors like your factory capacity and workforce, where the production of Ultrabooks daily and monthly can be calculated at X costs to sell at Y pricing where Y pricing must be attractive enough to achieve your Goal to maintain Z profit margin, which will never be higher than 56%. As such with an insight to global markets, it is possible to plan ahead and introduce a balance to both high profit and low profit cycles, giving you a balance A profit at year end, with insights to manufacturing it is also possible to calculate precisely the cost of resources, even hedging ahead for the future, giving the maximum ROI possible. The ideal condition is when Demand meets Supply to give the maximum ROI, but if it is not possible during a poor economy, you need to switch to achieving your Goals at minimum profits, to ensure your survival.
– Contributed by Oogle.