1 / 18

Globalization

Globalization. AMERICA IS CHANGING. 1996 36% of all U.S. population growth was the result of immigration. 1994-1997 42% of the increase in homeownership was due to minorities and immigrants. 1997 - 17% of all homeownership is now minorities!. FASTEST GROWING GROUP ON THE NET.

may
Download Presentation

Globalization

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Globalization

  2. AMERICA IS CHANGING • 1996 36% of all U.S. population growth was the result of immigration. • 1994-1997 42% of the increase in homeownership was due to minorities and immigrants. • 1997 - 17% of all homeownership is now minorities!

  3. FASTEST GROWING GROUP ON THE NET • The number of non-English speaking users has grown from less than 10% to nearly 45%. • In 1995, there were 4 to 5 million out of a total of 40 million users. Now there are 80 to 81 million out of 180 - 182 million users!

  4. FOREIGN SUBSIDIARIES IN U.S. • Employ 1 in 10 Americans in manufacturing. • Invested $84 billion in plants and equipment. • Exported $137 billion of merchandise. • Paid $10.1 billion in taxes. • Donated $512 million to charities!

  5. FOREIGN SUBSIDIARIES IN U.S.(Continued) • Their average job pays $42,000 or 13% higher than American average. • Since 1980 these jobs have grown 5 times faster than American companies. • Of the100 largest Foreign companies Americans own 35% of their stock!

  6. AMERICA IS BEING GLOBALIZED • Americans think of BMW as German but they have 12 plants in U.S. • We think of a Burger King as pure American, but it is owned by a British conglomerate. • Our real estate debt and equity funding is coming from outside the U.S.!

  7. Foreign Business in Missouri 257 Companies from 22 Countries, in 88 Missouri Cities!

  8. Missouri’s International Real Estate Activities Because our Missouri Economic Development Department had numerous foreign offices, Realtors did not have to reinvent the “wheel”!

  9. MAR’s International Strategies • View international program as part of MAR’s commercial and economic development, government relations, public relations, and fair housing activities. • Promote real estate study tours to targeted countries in conjunction with State!

  10. MAR’s International Strategies(continued) • Produce multi-language guide to purchasing and leasing real property in Missouri. • Sponsor CIPS courses and encourage Realtors to join CIPS Network, and attend MAR/NAR meetings!

  11. BUSINESS CULTURES ARE CONVERGING But we still have a long way to go to get it right!

  12. THE NOVA AWARD • Clairol in German - introduced the "Mist Stick”, ”Mist" is slang for manure. • Pepsi In Chinese- "Pepsi Brings Your Ancestors Back from the Grave" . • Parker Pen in Spanish - "It won't leak in your pocket and make you pregnant!"

  13. ENGLISH IS NOT SO EASY • The farm was used to produceproduce. • He decided to desert in the desert. • I did not object to the object. • The insurance was invalid for the invalid. • Upon seeing the tear in my clothes I shed a tear!

  14. STATISTICS OF THE FUTURE • United States 1995 2050 • White 74% 53% • Hispanic 10 24 • Asian 3 8 • African American 12 14 • Native American 1 1 24 8 OVER DOUBLE

  15. IN VIETNAM We became colorblind!

  16. GET INVOLVED Technology is connecting the world and international real estate is here NOW!

  17. Realtors must embrace cultural diversity and globalization! REALTOR

  18. !

More Related