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REAL ESTATE MARKET UPDATE The demand for property in Christchurch remains very strong. In May the number of properties sold in Christchurch City was 717 up from 653 in the same period last year with the median sale price increasing to $455,000 from $422,000. While a lot of sellers like to wait until Spring to sell their property, Winter is still a great time to sell. With fewer properties on the market, buyers tend to be highly motivated generating good competition and great results for our vendors. Interest rates continue to be at an alltime low with some very good long term fixed rates well under 5%. We have our own in house mortgage broker, Kevin Burrowes, to help secure these for you. If you are contemplating a real estate decision, please contact one of our Holmwood team today.
For further information: Tony Jenkins, CEO 027 432 2896 tony.jekins@ harcourts.co.nz
Brain scan technology reads minds
he concept that Big Brother is watching is one that is becoming more and more prevalent in our technologically savvy world. However, these developments could aid police to serve and protect our society to an even greater degree. First invented in 1921 by a medical student and a police officer in Berkeley, California, the polygraph or lie detector test is listed as one of Encyclopedia Britannica 2003’s greatest inventions. Designed to measure and record several physiological indices such as blood pressure, pulse, and respiration, it can determine whether someone is telling the truth by using a list of “yes” or “no” questions. While this is still a valuable investigative tool, it is not reliable enough to be used as admissible evidence in a court of law. One of the main reasons it is not deemed 100 percent accurate is if the suspect in question is a psychopath who shows none of the common physiological signs of stress that a polygraph is designed to indicate. Now imagine if a simple brain scan could go beyond the purely physical chemical reactions within the body and actually read our thoughts for a higher rate of accuracy. The potential efficacy of this relatively new forensic tool, known as Forensic Brain Scan Analysis (FBSA), is being explored this year by the UC Law School
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To register interest in participating in the project contact Professor Robin Palmer, Director of Clinical Legal Studies on 03 364 2316 ext 8818 or email robin. firstname.lastname@example.org.
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Tony Jenkins is the CEO of Harcourts Holmwood. He has been in real estate for 27 successful years, winning the Best Practice Award in 2009 for his contribution to the real estate industry.
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in their fight for justice. Using electroencephalography (EEG) to measure brainwave responses, combined with additional features in a so-called MERMER test (Memory and Encoding Related Multifaceted EEG Response), the subject is fitted with a headband containing electronic sensors that detect brainwaves and are shown various stimuli on a computer monitor that includes words, phrases,
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Te Kura Ture, in conjunction with the Brain Research Institute, Christchurch, and partners at Otago and Massey universities. The research project will delve into the FBSA’s scientific validity and legal application, which the project’s leader, UC Director of Clinical Legal Studies, Professor Robin Palmer, says the new technology has much greater potential than the traditional lie detector to aid police and lawyers
diagrams, pictures or photographs that randomly test for recognition of three types of information (irrelevant, target and probe). “If this science checks out, and it has a high accuracy rate for reading brainwave response to stimuli,” Professor Palmer says, “then it could provide effective proof of knowledge.” Professor Palmer continues to explain that from various studies already conducted in the States, the potential of this technology is extremely promising and indicates a very high rate of accuracy. “This particular test is clear cut in that if you have knowledge of a particular item of information it will show up as a wave with a bump on it. If you don’t, it will show up as a wave with a dip in it.” If verified, FBSA could be used not just for criminal investigations, but also in civil litigation, employment disputes and other ancillary applications. Just last month Professor Palmer and his fellow researchers traveled to Seattle to meet with the American pioneer of this ground breaking technology, Professor Lawrence Farwell. The next step for the team will be to replicate the MERMER test through a pilot programme, scheduled for December.
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Fendalton Ilam Gazette 11-07-16