Globalization
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Globalization. AMERICA IS CHANGING. 1996 36% of all U.S. population growth was the result of immigration. 1994-1997 42% of the increase in homeownership was due to minorities and immigrants. 1997 - 17% of all homeownership is now minorities!. FASTEST GROWING GROUP ON THE NET.

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America is changing
AMERICA IS CHANGING

  • 1996 36% of all U.S. population growth was the result of immigration.

  • 1994-1997 42% of the increase in homeownership was due to minorities and immigrants.

  • 1997 - 17% of all homeownership is now minorities!


Fastest growing group on the net
FASTEST GROWING GROUP ON THE NET

  • The number of non-English speaking users has grown from less than 10% to nearly 45%.

  • In 1995, there were 4 to 5 million out of a total of 40 million users. Now there are 80 to 81 million out of 180 - 182 million users!


Foreign subsidiaries in u s
FOREIGN SUBSIDIARIES IN U.S.

  • Employ 1 in 10 Americans in manufacturing.

  • Invested $84 billion in plants and equipment.

  • Exported $137 billion of merchandise.

  • Paid $10.1 billion in taxes.

  • Donated $512 million to charities!


Foreign subsidiaries in u s continued
FOREIGN SUBSIDIARIES IN U.S.(Continued)

  • Their average job pays $42,000 or 13% higher than American average.

  • Since 1980 these jobs have grown 5 times faster than American companies.

  • Of the100 largest Foreign companies Americans own 35% of their stock!


America is being globalized
AMERICA IS BEING GLOBALIZED

  • Americans think of BMW as German but they have 12 plants in U.S.

  • We think of a Burger King as pure American, but it is owned by a British conglomerate.

  • Our real estate debt and equity funding is coming from outside the U.S.!


Foreign business in missouri
Foreign Business in Missouri

257 Companies from 22 Countries, in 88 Missouri Cities!


Missouri s international real estate activities

Missouri’s International Real Estate Activities

Because our Missouri Economic Development Department had numerous foreign offices, Realtors did not have to reinvent the “wheel”!


Mar s international strategies
MAR’s International Strategies

  • View international program as part of MAR’s commercial and economic development, government relations, public relations, and fair housing activities.

  • Promote real estate study tours to targeted countries in conjunction with State!


Mar s international strategies continued
MAR’s International Strategies(continued)

  • Produce multi-language guide to purchasing and leasing real property in Missouri.

  • Sponsor CIPS courses and encourage Realtors to join CIPS Network, and attend MAR/NAR meetings!


Business cultures are converging
BUSINESS CULTURES ARE CONVERGING

But we still have a long way to go to get it right!


The nova award
THE NOVA AWARD

  • Clairol in German - introduced the "Mist Stick”, ”Mist" is slang for manure.

  • Pepsi In Chinese- "Pepsi Brings Your Ancestors Back from the Grave" .

  • Parker Pen in Spanish - "It won't leak in your pocket and make you pregnant!"


English is not so easy
ENGLISH IS NOT SO EASY

  • The farm was used to produceproduce.

  • He decided to desert in the desert.

  • I did not object to the object.

  • The insurance was invalid for the invalid.

  • Upon seeing the tear in my clothes I shed a tear!


Statistics of the future
STATISTICS OF THE FUTURE

  • United States 1995 2050

  • White 74% 53%

  • Hispanic 10 24

  • Asian 3 8

  • African American 12 14

  • Native American 1 1

24

8

OVER DOUBLE


In vietnam
IN VIETNAM

We became colorblind!


Get involved
GET INVOLVED

Technology is connecting the world and international real estate is here NOW!



Globalization

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