This document summarizes a presentation about real estate entrepreneurship and social responsibility in China. It discusses China's development model which involves local governments, public/private developers, and the central government working together to achieve policy goals. It then covers opportunities and challenges for China, including issues around housing oversupply, government debt from infrastructure investment, and proposed reforms to the land system.
China's Housing Development Strategy in the New NormalSTLLab
As China has entered into a new development phase of "balanced transition" (also known as the "new normal"), the housing sector is facing tough challenges in maintaining the previous growth rate. In this turning point, the question of how to cultivate new development strategies for both the government and private sectors represents an urgent task. Dr. Shao's talk will focus on three issues:
1. How to understand the existing market situation;
2. How to evaluate housing policies; and
3. How to design a new strategy for stabilizing the real estate sector.
WA Government Innovation Showcase: Making change for real peopleJulia Birks
As part of emceeing the Public Sector Network's WA Government Innovation Showcase, I delivered the welcome address for the People and Process stream of the conference. It explored how citizens globally feel about their governments' role in creating the kind of fundamental change that they want to see in the world, and shares five behaviours and mindsets that people can use to help deliver meaningful impact to both citizens and employees.
Municipal Financing: Current Challenges and Opportunities RWVentures
Bob Weissbourd delivered this presentation at the London School of Economics' City Reformers Group Workshop, in a session on public financing. The presentation outlines the troubles facing city governments -- from the way they are governing to their budget deficits. It also sets forth a vision for what city governance should look like, and presents ideas for how cities can align financing strategies with future growth.
China's Housing Development Strategy in the New NormalSTLLab
As China has entered into a new development phase of "balanced transition" (also known as the "new normal"), the housing sector is facing tough challenges in maintaining the previous growth rate. In this turning point, the question of how to cultivate new development strategies for both the government and private sectors represents an urgent task. Dr. Shao's talk will focus on three issues:
1. How to understand the existing market situation;
2. How to evaluate housing policies; and
3. How to design a new strategy for stabilizing the real estate sector.
WA Government Innovation Showcase: Making change for real peopleJulia Birks
As part of emceeing the Public Sector Network's WA Government Innovation Showcase, I delivered the welcome address for the People and Process stream of the conference. It explored how citizens globally feel about their governments' role in creating the kind of fundamental change that they want to see in the world, and shares five behaviours and mindsets that people can use to help deliver meaningful impact to both citizens and employees.
Municipal Financing: Current Challenges and Opportunities RWVentures
Bob Weissbourd delivered this presentation at the London School of Economics' City Reformers Group Workshop, in a session on public financing. The presentation outlines the troubles facing city governments -- from the way they are governing to their budget deficits. It also sets forth a vision for what city governance should look like, and presents ideas for how cities can align financing strategies with future growth.
This presentation walks through a step by step methodology for fix and flip real estate investing. Brought to you by http://www.arizonamortgagenews.com
The estimated contribution of urban area to India’s GDP is approximately 70-75%. Despite the enormous economic contribution, the current state of urban infrastructure is in poor condition. It is estimated that by 2030, an additional $1.2 trillion would be required to provide basic urban services. In this presentation, an attempt has been made to find out the ways to mobilize such a goliath financial requirement. The target audience of this presentation are inter alia urban development and finance professionals, city managers and general public.
The estimated contribution of urban area to India’s GDP is approximately 70-75%. Despite the enormous economic contribution, the current state of urban infrastructure is in poor condition. It is estimated that by 2030, an additional $1.2 trillion would be required to provide basic urban services. In this presentation, an attempt has been made to find out the ways to mobilize such a huge financial requirement. The target audience of this presentation includes inter alia urban development and finance professionals, city managers and the general public.
China's Subnational Debts: Problems and Suggestions: Liu Shangxi, Research I...World Bank Publications
Presentation at Ministry of Finance, P.R. China-World Bank Summit on Subnational Debt Management and Restructuring, Nanning, Guangxi Province, P.R. China. October 22, 2015.
These slides were presented to the Council Operations, Intergovernmental Relations &
Public Transportation Committee of Cuyahoga County Council on November 21, 2023.
Cities around the world are facing a crisis of investment. An integral part of solving this challenge requires building local government capacities and providing practitioners, academics, and advisors who work with cities with leading strategies that have the potential to advance infrastructure investment in ways that contribute to sound municipal fiscal systems. This presentation was originally delivered as a webinar on November 9, 2016 as part of a series of webinars on Municipal Fiscal Health. The webinar featured Dr. Julie Kim, a global infrastructure finance expert at Stanford University's Global Projects Center with over 30 years of public-private partnerships and infrastructure consulting experience in the U.S. and Asia; and Nicole DuPuis from the the National League of Cities, the nation's leading advocacy organization devoted to strengthening and promoting cities as centers of opportunity, leadership and governance.
Sustainability of Chinese cities: how does the urban growth model matter?Lynn Xu
It discusses the challenges of urban sustainable development in China through a deeper understanding of the prevalent property-led urban development pattern and the dynamic impacts of the real estate's sector on urban economic, environmental and social landscape in China. It also indicates the prospects of eco city campaign, which remains being largely affected/shaped by the property industry.
The Indian market is complex and poses challenges. With over 122 major spoken languages and a diverse number of ethnic and cultural groups, India is one of the most diverse nations in the world. However, understanding the consumers and the market has helped global companies enter and become successful in India. Read about the opportunities that are emerging in India: http://bit.ly/298h7gH
Vibrant Gujarat - Sustainable Development Sector ProfileVibrant Gujarat
"• Improvement of Human Development Index remains the core of the development efforts of Gujarat.
• The Blueprint for Infrastructure in Gujarat 2020 (BIG 2020) is an integrated plan for the state's accelerated, balanced, inclusive and sustainable growth driven by robust social, industrial and physical infrastructure.
This presentation walks through a step by step methodology for fix and flip real estate investing. Brought to you by http://www.arizonamortgagenews.com
The estimated contribution of urban area to India’s GDP is approximately 70-75%. Despite the enormous economic contribution, the current state of urban infrastructure is in poor condition. It is estimated that by 2030, an additional $1.2 trillion would be required to provide basic urban services. In this presentation, an attempt has been made to find out the ways to mobilize such a goliath financial requirement. The target audience of this presentation are inter alia urban development and finance professionals, city managers and general public.
The estimated contribution of urban area to India’s GDP is approximately 70-75%. Despite the enormous economic contribution, the current state of urban infrastructure is in poor condition. It is estimated that by 2030, an additional $1.2 trillion would be required to provide basic urban services. In this presentation, an attempt has been made to find out the ways to mobilize such a huge financial requirement. The target audience of this presentation includes inter alia urban development and finance professionals, city managers and the general public.
China's Subnational Debts: Problems and Suggestions: Liu Shangxi, Research I...World Bank Publications
Presentation at Ministry of Finance, P.R. China-World Bank Summit on Subnational Debt Management and Restructuring, Nanning, Guangxi Province, P.R. China. October 22, 2015.
These slides were presented to the Council Operations, Intergovernmental Relations &
Public Transportation Committee of Cuyahoga County Council on November 21, 2023.
Cities around the world are facing a crisis of investment. An integral part of solving this challenge requires building local government capacities and providing practitioners, academics, and advisors who work with cities with leading strategies that have the potential to advance infrastructure investment in ways that contribute to sound municipal fiscal systems. This presentation was originally delivered as a webinar on November 9, 2016 as part of a series of webinars on Municipal Fiscal Health. The webinar featured Dr. Julie Kim, a global infrastructure finance expert at Stanford University's Global Projects Center with over 30 years of public-private partnerships and infrastructure consulting experience in the U.S. and Asia; and Nicole DuPuis from the the National League of Cities, the nation's leading advocacy organization devoted to strengthening and promoting cities as centers of opportunity, leadership and governance.
Sustainability of Chinese cities: how does the urban growth model matter?Lynn Xu
It discusses the challenges of urban sustainable development in China through a deeper understanding of the prevalent property-led urban development pattern and the dynamic impacts of the real estate's sector on urban economic, environmental and social landscape in China. It also indicates the prospects of eco city campaign, which remains being largely affected/shaped by the property industry.
The Indian market is complex and poses challenges. With over 122 major spoken languages and a diverse number of ethnic and cultural groups, India is one of the most diverse nations in the world. However, understanding the consumers and the market has helped global companies enter and become successful in India. Read about the opportunities that are emerging in India: http://bit.ly/298h7gH
Vibrant Gujarat - Sustainable Development Sector ProfileVibrant Gujarat
"• Improvement of Human Development Index remains the core of the development efforts of Gujarat.
• The Blueprint for Infrastructure in Gujarat 2020 (BIG 2020) is an integrated plan for the state's accelerated, balanced, inclusive and sustainable growth driven by robust social, industrial and physical infrastructure.
The nation’s city finance officers report that the fiscal condition of cities in 2013 is improving, although they are continuing to confront the prolonged effects of the economic downturn.2 Recovering local and regional economies experiencing slowly improving housing markets and increased consumer spending are strengthening local tax bases and economic outlooks.
NADO - NCDOT State Transit Funding - June 14 2022.pdfRPO America
A presentation for the NADO Research Foundation regarding matching funds for transit as outlined in a recent AASHTO survey, as well as practices employed in the state of North Carolina.
Similar to Real Estate Entrepreneurship and Social Responsibility (20)
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
Keep Your Home Naturally Cool and Warm Out Change in Seasons
Vinra Construction is a private limited company registered under the ROC. The management has an experience of over 15 years of understanding the needs and delivering apt solutions to the end users We are providing turnkey solutions in construction fields. like Construction, Interior Designing Facility Management, Plantation Management, etc..
Vinra Construction Tech Enabled Company for Eco-Friendly Home Construction
Contact With Vinra for a Greener Future >>> Call us @ 888 4898 765
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
26. Local public
finances !
Proposed Land Tenure Reform Strategy !
1! 2!
Ecology and
farmland
preservation and
food security!
3!
Rural land
tenure!
4!
Integration of
urban and rural
land markets!
Land value
sharing!
Rural !
leasehold
system!
Public land
acquisition
system!
Land use !
planning!
Agricultural
modernization!
New town
development!
Transport
ation!
Incomplete
property rights
houses!
Clearly
defined and
secure
leasehold
rights !
Gradual legal reforms and policies to stabilize real estate prices!
Banking and !
real estate
investment
reforms!
Land quota
trading system!
Alternative !
local revenue
sources!