The Economic Consequences of Homelessness in The US

of members had reached 6,723. A general practice surveyor advises on the best use of
the land, assesses the feasibility and viability of the proposed development project as
well as the valuation, marketing, sale, leasing and management of completed
developments. It also has a website to provide real-time propertys' value estimate
across whole Hong Kong.
Australia
The Australian Property Institute (API) was formed in 1926 as the Commonwealth
Institute of Valuers. The Institute has undergone several name changes over the last
century as the array of services offered by its members expanded. It serves to regulate
the profession of property valuers Sydney, Australia.
Today the API represents the interests of more than 8,600 property professionals
throughout Australia. API members include residential, commercial and plant and
machinery valuers, property advisers, property analysts, property fund and asset
managers, property facility managers, property lawyers and property researchers and
academics. The Institute’s primary role is to set and maintain the highest standards of
professional practice, education, ethics and professional conduct for its members and
the broader property profession.
New Zealand
Real estate valuation in New Zealand is regulated by the New Zealand Institute of
Valuers ('NZIV') and the Valuers Registration Board of New Zealand ('VRB'), both of
which are statutory bodies established under the Valuers Act 1948 (NZ). The NZIV
remains the statutory professional body for valuers in New Zealand, with perpetual
succession under the Act (which is under review as at 2015). The NZIV can make Rules
as lower level legislation and has a Code of Ethics. The NZIV Rules were last changed
in 2012 and remain current. The VRB has jurisdiction in relation to serious matters
affecting the registration of a valuer including discipline where a valuer has acted in
such a way as to meet the threshold. The Valuers Act 1948 sets the threshold under
s31 as matters where a valuer could be struck off the register of valuers. The NZIV has
power for discipline for relatively more minor matters. The NZIV governs NZIV members
and has power to discipline members and fine them up to $500, admonish members or
terminate their membership. The designations "Registered Valuer" and "Public Valuer"
are legally protected under the legislation, being reserved for Valuers Registered under
the Act. The NZIV, under the Act, can admit non-valuer members (such as non-valuer
land economists).
There are also voluntary professional bodies for real estate valuation such as the Royal
Institute of Chartered Surveyors ('RICS') and the Property Institute of New Zealand
('PINZ'). Both of these bodies have a wider membership, beyond real estate valuers.
PINZ has over 2,500 members in New Zealand and overseas (such as ex-pats in the
UK, Asia and Australia). PINZ has a service level agreement with the NZIV, whereby
PINZ contracts to perform tasks for the statutory professional body, NZIV. PINZ was
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