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But even in this instance, the vast increase in asset values cheap money brings has helped make richer and invariably older homeowners and shareholders richer still.
Measured by the increase in asset values over the past five years, the global housing boom is the biggest financial bubble in history (see article).
In fact, with such a small annual increase in asset purchases, it is unlikely Japan will achieve 2 percent inflation, analysts said.
King said: "It's very important that we don't end up in a world in which everyone describes every increase in asset prices as a bubble, and every fall in asset prices as the bursting of a bubble".
Changing focus: Tenants may well see energy efficiency works as part of the landlord's day job – and the point about tenants not wanting to pay for a landlord's increase in asset value is well made.
Not only did taxable income rise with the faster growth of GDP, but the associated large increase in asset prices and capital gains created additional tax liabilities not directly related to income from current production.
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Depending on the project objectives, the FA's feasibility indicators may include: gross and net margins; profit; incremental family income; return to labour; job creation; and increase in assets, as well as the financial rate of return.
Value functions are increasing in assets A t, but they are not necessarily concave, even if we condition on the labour market status in t.
Inflation is increasing in China amid asset bubbles fed by Beijing's loose fiscal and monetary policies.
c Increase in expected asset return.
The increase in wealth of investors due to increase in domestic assets prices motivates them to demand for more domestic assets which in turns leads to increase in interest rates.
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