Each investor has a different skill set as well as vastly different financial resources. In addition, investors have varying backgrounds and interests. Palm Springs architects Money can be made with both. The investor needs to do what works best for them. Residential real estate investing may be the best choice for many, but not all investors.
There are many advocates of commercial real estate investing, but there are a couple of reasons that I generally favor residential real estate investing over commercial real estate.
First of all, an important factor that distinguishes residential real estate investing as compared to investing in commercial real estate is that the pricing of single-family homes is often driven by inefficient information. This means that pricing and market data is incorporated at a slower rate into the marketplace as compared to commercial real estate. This can enable the astute investor to better analyze price movements and allow for improved market forecasting.
Residential real estate investing is largely dominated by single-family residences that have fewer sophisticated buyers and sellers. With commercial properties, there are many more institutional investors with extensive market experience. Accordingly, locating a good deal may be much more difficult in commercial real estate as compared to residential real estate. Investing in commercial real estate is generally dominated by skilled professionals, who have more financial resources than the individual investor.
In addition, the demand for residential real estate continues to increase. This demand has been fueled by many factors, including population growth and baby boomers. The population is growing while available land remains relatively constant.
The Baby Boomers, which consists of people born between 1946 and 1964, are reaching their peak earnings age and have more disposable income than any previous generation. This population, measured at approximately 80 million people, continues to increase demand for housing (including second homes) in cities that offer many desirable amenities including affordable health care, a favorable climate and cultural and recreational activities.
Now I’m not saying that money cannot be made in commercial real estate. But for the average investor, residential real estate investing is generally a better investment vehicle. The investor needs to look past the current residential real estate slowdown and realize that in certain markets now is a great time to be investing in residential real estate.
Depression is a disorder whose treatment entails a focused regimen of medication, therapy, and counseling. One approach is residential treatment for depression, wherein the sufferer is admitted to a residential facility that provides holistic therapeutic programs.
The treatments of depression range from the simple to the complex, but experts agree that a combination of medication, therapy, and behavioral programs will probably be more effective and will have longer-lasting effects.
Residential treatment for depression may include an array of general psychiatric and neurodevelopmental programs, programs for children and adolescents, general psychiatric outdoor programs, even hospitalization and residential halfway house programs.
What are these programs all about?
Treatment Centers That Feel Like Home
The general psychiatric programs will focus more on developing the patient’s socio-emotional skills in coping with the depression. Neurodevelopmental programs, on the other hand, will entail more specialized and individualized services with neuro-clinical foundations like QEEG (quantitative electroencephalography) testing, audio-visual testing and training, speech therapy, social therapy or occupational therapy, neuro-feedbacks, and even sensory integration programs.
Residential treatment of depression in children will require a different approach that, although inclusive of the foregoing tests and therapy regimens, will take into consideration the tender age and eccentricities of the younger patients.
Outdoor programs within residential facilities focus on developing group process skills and relationship skills, living and coping skills, and close coordination and therapy involving the patient’s family. The program may entail patients going on regular outings involving family or peers within a wider community to prepare them for their eventual reintegration into their respective communities when finally cured of the depression.
Outdoor programs may also include a neurodevelopmental aspect that takes into consideration again the previously-mentioned QEEG tests and neurofeedback therapies, the sensory, speech and occupational therapies.
Patients with histories of emotional and behavioral disturbances and deep-seated depression are integrated into a residential treatment community that understands their coping and relating problems. The residential treatment facility thus provides for a home setting where patients are encouraged to naturally seek acceptance within the closed community by coping, processing their group relationship skills, their social functioning, communication, and independent living abilities.
Your Own Home as a Treatment Center
There are cases wherein the best treatment place for your loved ones is your own home.
This is most especially true if a depressed person is a child or an old relative (a parent, grandparent or aunt) that need special care that an out-of-home treatment center can not accommodate.
There are lots of changes that you must do with your home such as making it accident-free (and suicide-free zone). You also need to repaint walls to make it livelier and sunnier than before.
Even if you take home a loved one and opt to treat him or her at your own home, you also need to send him over to the outdoor programs of a treatment center for socialization and group therapy.
If you prefer this treatment method, you need to submit yourself too, as the caregiver, to trainings and conferences of the treatment center. This is to train you how to handle effectively a depressed person at home and the people living with him.
Is residential treatment for depression more likely to be successful?
The key to a successful residential treatment for depression is multi-faceted. There must be focused, individualized attention to the patient, preferably same-sex or single gender programs, intensive clinical regimen of individual-group-family-peer therapies, diversity to allow for personality differences among patients, competent and experienced clinical or medical staff of the residential treatment facility, inclusion of academics into the program, and conducive venues or sites for the residential treatment of depression.
A professional residential treatment for depression, in other words, must include, to be truly successful, an individualized treatment plan completely backed up by psychiatric and psychological evaluation, and including individual and social psychotherapy, family-related counseling, complete nursing care, fitness exercise and dietary regimens, and experiential therapies. Taken holistically, the patient is allowed gradual shift from individualistic depression to a socially acceptable relation.
