Residential Estate Industry Journal 4 - Page 48

RESOURCE MANAGEMENT THE RESIDENTIAL CHALLENGES, COMMUNITY OPPORTUNITIES INDUSTRY - AND THREATS Through the efforts of The Association of Residential costs stipulated by the HOA will be affected by the Communities (ARC), members of the industry come economic climate. together on a regular basis to explore best practices and share experiences. During these sessions, which were held across the country with over 100 member estates in May 2017, we explored the impact of the different environments on the industry and conducted a PESTEL (Political, Economic, Social, Techno ±½₯…°°)ΉΩ₯Ι½Ή΅•ΉΡ…°°1•₯Ν±…Ρ₯Ω”€…ΉM]=P€‘MΡΙ•ΉΡ‘Μ°)]•…­Ή•ΝΝ•Μ°=ΑΑ½ΙΡΥΉ₯Ρ₯•Μ…ΉQ‘Ι•…ΡΜ€…Ή…±εΝ₯ΜΈQ‘”)™½±±½έ₯ΉœΙ•ΝΥ±Ρ́•΅•Ι•θ)Q‘”Α½±₯Ρ₯…°•ΉΩ₯Ι½Ή΅•ΉΠ+ŠˆƒŠˆQ‘”₯ΉΙ•…Ν”₯ΈΑΙ½Ρ•ΝЁ΅…ɍ‘•Μ…ΉΡ‘”Ω₯½±•Ή”)Ρ‘…Ё½•Μέ₯Ρ Ρ‘₯́₯́ɕ…‘₯ΉœΡ‘”…ѕ́½˜)Ι•Ν₯‘•ΉΡ₯…°½΅΅ΥΉ₯Ρ₯•Μ°έ‘•Ι”Ρ‘”‰±½­…”½˜…Έ)•α₯Ё½˜„Ι•Ν₯‘•ΉΡ₯…°•ΝΡ…Ρ”₯́„Ν½™ΠΡ…ɝ•Π™½ΘΡ‘•Ν”)‘•΅½ΉΝΡΙ…Ρ½ΙΜΈ+ŠˆƒŠˆQ‘”ΑΥ‰±₯₯Ρ䁅ɽչΡ‘”Α½±₯Ρ₯…°•ΉΩ₯Ι½Ή΅•ΉΠ₯Έ)M½ΥΡ ™Ι₯„₯́…™™•Ρ₯Ήœ₯ΉΡ•ΙΉ…Ρ₯½Ή…°₯ΉΩ•ΝΡ΅•ΉΠ)ΑΥɍ‘…͕́½˜ΑΙ½Α•ΙΡδ₯ΈΙ•Ν₯‘•ΉΡ₯…°•Νхѕ́…Ή)Ρ‘”‘•Ω•±½Α΅•ΉΠ½˜Ή•ά•ΝΡ…Ρ•Μ°Ρ‘Ύ₯΅Α…Ρ₯Ήœ½Έ)ΑΙ½Α•ΙΡδΩ…±Υ•Μ…ΉΝ…±•ΜΈI•ΉΡ…±Μ°‘½έ•Ω•Θ°‘…Ω”)₯ΉΙ•…Ν•‰•…ΥΝ”½˜Ρ‘₯ΜΈ+ŠˆƒŠˆA½½ΘΝ•ΙΩ₯”‘•±₯Ω•Ι䁉䁱½…°½Ω•ΙΉ΅•ΉΠ°…́ݕ±°)…́™Ι…Ր…Ή½ΙΙΥΑΡ₯½Έ°±•…‘́Ѽ₯ΉΙ•…Ν•Ρ…α…Ρ₯½ΈΈ)Q‘”•½Ή½΅₯Œ•ΉΩ₯Ι½Ή΅•ΉΠ+ŠˆƒŠˆQ‘”‘½΅•ΝΡ₯Œ•½Ή½΅₯ŒΝ₯ΡΥ…Ρ₯½Έέ₯±°ΑΥЁΝΡΙ…₯Έ)½ΈΡ‘”₯Ή‘ΥΝΡΙηŠé…‰₯±₯ΡδΡΌ½Ή‘ՍЁ΅•…Ή₯Ή™Υ°)™₯Ή…Ή₯…°Α±…ΉΉ₯ΉœΝΑ•₯™₯…±±δΙ•±…Ρ•ΡΌΙ•Ν•ΙΩ•Μ)…Ή₯ΉΩ•ΝΡ΅•ΉΡ́™½Θ™ΥΡΥΙ”Ι•Α…₯Ί…Ή΅…₯ΉΡ•Ή…Ή”)½˜…ΝΝ•ΡΜΈ+ŠˆƒŠˆ)ΥΉ¬ΝΡ…ΡΎɅΡ₯ΉΜέ₯±°…ΥΝ”½Ή•ΙΈ…΅½ΉΝΠ)ΑΙ½Α•ΙΡδ₯ΉΩ•ΝΡ½Ίݑ•Ι”Ι•ΉΡ…±Μέ₯±°₯ΉΙ•…Ν”‰ΥΠ)ΑΙ½Α•ΙΡ₯•Μ½Υ±‰”Ν½±…Ё‰•±½ά΅…Ι­•ΠΩ…±Υ”Έ+ŠˆƒŠˆ%Ή™±…Ρ•½ΝΡ́½˜Ν•ΥΙ₯Ρ䁅Ή½Ρ‘•ΘΝ•ΙΩ₯•Μ°₯Ή±Υ‘₯Ήœ)έ…Ρ•Θ°έ₯±°₯΅Α…Π½Έ™ΥΡΥΙ”±•Ω₯•Μ½Έ‘½΅•½έΉ•ΙΜΈ+ŠˆƒŠˆQ‘”…‰₯±₯Ρ䁽˜΅•΅‰•ΊѼΑ…䁱•Ω₯•Μ…Ή½Ρ‘•Θ)A€ΠΨ)Q‘”Ν½₯…°•ΉΩ₯Ι½Ή΅•ΉΠ+ŠˆƒŠˆQΙ…‘”ΥΉ₯½ΉΜ½Υ±Ρ…ɝ•ΠΙ•Ν₯‘•ΉΡ₯…°½΅΅ΥΉ₯Ρ₯•ΜΡΌ)…₯ΈΙ•½Ή₯Ρ₯½Έ…Ι••΅•ΉΡ́έ₯Ρ Ρ‘”!=Έ+ŠˆƒŠˆQ‘”₯ΉΡΙ½‘ՍΡ₯½Έ½˜‘₯‘•Θ΅₯Ή₯΅Υ΄έ…•Μ΅…䁡…­”)₯Ё΅½Ι”‘₯™™₯Υ±ΠΡΌ•΅Α±½δΝΡ…™˜Έ+ŠˆƒŠˆ•…±₯Ήœέ₯Ρ Υ±ΡΥΙ…°‘₯™™•Ι•Ή•Μ½˜΅•΅‰•Ί…Ή)Ι•Ν₯‘•ΉΡ́₯́‘₯™™₯Υ±Π°ΝΑ•₯™₯…±±δέ‘•Έ₯Ё½΅•ΜΡΌ)‘½±‘₯ΉœΥ±ΡΥΙ…°•Ω•ΉΡ́…ΉΙ•±₯₯½Ύ•±•‰Ι…Ρ₯½ΉΜΈ+ŠˆƒŠˆQ‘”₯ΉΙ•…Ν•ΥΝ”½˜‘Ι՝́…΅½ΉΝЁё”ε½ΥΡ ₯Μ)‰•½΅₯Ήœ΅½Ι”ΑΙ•Ω…±•ΉΠΈ)Q‘”Ρ•‘Ή½±½₯…°•ΉΩ₯Ι½Ή΅•ΉΠ+ŠˆƒŠˆM•ΥΙ₯ΡδΡ•‘Ή½±½δ…ΉΡ‘”…Ω…₯±…‰₯±₯Ρ䁽˜₯ΉΉ½Ω…Ρ₯Ω”)Ν½±ΥΡ₯½ΉΜΙ•ΕΥ₯Ι”ΝΡ…ε₯Ήœ…‰Ι•…ΝЁέ₯Ρ Ρ•‘Ή½±½δΈ) ‘½½Ν₯ΉœΡ‘”΅½ΝЁ…ΑΑΙ½ΑΙ₯…Ρ”Ρ•‘Ή½±½₯•ΜΡΌ)ΝΥ₯Ёё”•ΉΩ₯Ι½Ή΅•ΉΠ…ΉΡ‘”Ι•₯½Έ₯́½Νѱ䁅Ή)Ρ₯΅”΅½ΉΝΥ΅₯ΉœΈ+ŠˆƒŠˆΝΡ…Ρ”΅…Ή…•΅•ΉΠΡ•‘Ή½±½δΝ½±ΥΡ₯½ΉΜ…Ι”)‰•½΅₯Ήœ΅½Ι”έ₯‘•±δΥΝ•ΡΌ•ΉΝΥΙ”Ν½ΥΉ)½΅΅ΥΉ₯…Ρ₯½ΉΜ…Ή…‘΅₯Ή₯ΝΡΙ…Ρ₯½ΈΈ+ŠˆƒŠˆM½₯…°΅•‘₯„…ΉΡ‘”•…Ν”έ₯Ρ έ‘₯ ΅•΅‰•Ί…Έ)…ΥΝ”‘…΅…”ΡΌΡ‘”Ι•ΑΥΡ…Ρ₯½Έ½˜Ρ‘”½΅΅ΥΉ₯Ρδ)…Ι”½ΈΡ‘”₯ΉΙ•…Ν”°•ΝΑ•₯…±±δέ‘•Ι”Ν½₯…°΅•‘₯„)…Ι”ΥΝ•ΡΌΝΑΙ•…ΥΉ™½ΥΉ‘•ΙΥ΅½ΥΙΜΈ+ŠˆƒŠˆΉΝΥΙ₯ΉœΡ‘”ΑΙ½Ρ•Ρ₯½Έ½˜Α•ΙΝ½Ή…°₯Ή™½Ι΅…Ρ₯½Έ…Ή)½Ή™₯‘•ΉΡ₯…±₯Ρδ₯́„‘₯ ΅Ι₯Ν¬₯ΝΝΥ”‰•…ΥΝ”½˜Ρ‘”)…‘Ω…Ή•Μ₯ΈΡ•‘Ή½±½δ…ΉΡ‘”₯ΉΙ•…Ν”₯Έ‘…­₯Ήœ)…Ρ₯Ω₯Ρ₯•ΜΈ)Q‘”•ΉΩ₯Ι½Ή΅•ΉΡ…°•ΉΩ₯Ι½Ή΅•ΉΠ+ŠˆƒŠˆ]…ѕȁΕΥ…±₯Ρ䁅ΉΙ₯‘Ρ́Ѽέ…Ρ•ΘΈ+ŠˆƒŠˆ±₯•ΈΝΑ•₯•Μ…ΉΡ‘”±•₯Ν±…Ρ•Ι•ΕΥ₯Ι•΅•ΉΡ́™½ΘΡ‘”)Α±…ΉΉ•Ι•΅½Ω…°½˜Ρ‘•Ν”Έ+ŠˆƒŠˆΉ•Ιδ…ΉΡ‘”ΑΙ•ΝΝΥɕ́Α±…•½Έ½΅΅ΥΉ₯Ρ₯•ΜΡΌ)₯ΉΝΡ…±°…±Ρ•ΙΉ…Ρ₯Ω”Α½έ•ΘΝ½±ΥΡ₯½ΉΜΈ+ŠˆƒŠˆ]…ΝΡ”΅…Ή…•΅•ΉΠ…́„Α½Ρ•ΉΡ₯…°­•δ₯΅Α•Ι…Ρ₯Ω”™½Θ)Ι•Ν₯‘•ΉΡ₯…°½΅΅ΥΉ₯Ρ₯•ΜΈ