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Among the programs implemented in European countries, particularly relevant is the Earnings Maintenance Allowance (EMA).
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These include issuing a "deduction of earnings", which is an instruction to somebody's employer to deduct maintenance payments from their wages.
That has hurt growth in both REITs' adjusted funds from operations, or AFFO, which is earnings plus depreciation, minus maintenance-level capital expenditures.
In these cases, there is some scope to understate their earnings in order to reduce maintenance assessments.
Raising the basic state pension to the pension credit level before indexing it to earnings and committing to the maintenance of the public sector schemes would be a good start.
This narrow mind-set is also evident in the way companies slash spending, not just on staffing but also on socially essential activities, such as long-term research or maintenance, to hit earnings targets and to keep share prices up.
The earnings shortfall was created by health maintenance organizations' payment problems, compounded by staffing costs, he said; those issues have been resolved.
The survey found that accounting gimmickry seems to have become less common but that many public companies will sacrifice spending on research and development or maintenance to meet quarterly earnings goals.
But another report showed that landlords of rent-stabilized units saw their net operating income — the earnings that remain after operating and maintenance expenses are paid — increase by 8.8percentt.
The average REIT will see a small shrinkage this year in earnings, as measured by adjusted funds from operations (net income plus depreciation, minus maintenance-level capital expenditures).
This is a measure of earning power in the real estate industry defined as earnings with depreciation charges added back but maintenance-level capital expenditures and extraordinary gains backed out.
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