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Showing posts from 2011

Investing in South Asian Real Estate

Real estate price in South Asia is rising at a rapid pace.The market price is clearly dictated by demand. South Asian population is growing by leaps and bound. The inherited land is getting subdivided again and again to such a point that it does not make sense to divide any more. Current trend is to build high rise building and divide the units among siblings. When construction cost is a factor, a third party developer is involved. The developer builds the building, keeps a certain percentage of units to resale and distributes the rest to the land owners. Unlike in North America, real estate price almost never go down. Most people rely on their savings to make a purchase. Unemployment rate or mortgage interest rate has very little to do with housing price.

Preaching Corporate Democracy

Here, in the west, we take democracy for granted. But, in many countries, democracy is a dreadful word. Fearful to the dictators who want to cling on to their power for generations. Fearful to the oppressed population who are afraid of retaliation for speaking out their mind. But it is hard to conceal your thoughts in this day and age of Internet and cell phone. As a result,civil unrest is becoming peoples choice in many parts of the globe. Western democracies are eager to propagate democracy all over the world. Governments are spending billions in that cause, mostly through military activities. But, is it working?  If it is not, then it time for us to review our approach. Business world has changed dramatically over the last century.In the old days, business ownership was pretty much a one man operation. If  you had the dough, you open up a business and hire some employees. Some people had the craze for land ownership. They saw every thing in real estate and build real es...

Burial vs Cremation, Environmental Impact

Human body is bio-degradable. We should take advantage of that fact. What happens when a body is buried? The body decomposes into the soil and eventually turns into nutrients for the plants and vegetation in the graveyard. These plants also absorbs carbon dioxide and produces oxygen, which is good for the atmosphere. It is just like a process of recycling. One life stops, other life benefits from it. This is what nature intends. This had been going on since the existence of life on this planet. Somehow, every life is on the food chain. To continue the process, we should try to make everything associated with burial as bio-degradable as possible.Coffins should be made out of bio-degradable materials only.  On the other hand, when we cremate a body after death, we make sure that the cycle of life stops at that death. Cremation produces a significant amount of green house gasses as any combustion process. Emission of nitrogen oxides, carbon monoxides, sulfur dioxide, mercury, hydro...