Housing describes a residential or commercial property consisting of several shelter as a living space. Real estate areas are populated either by people or a cumulative group of individuals. Real estate is also described as a human requirement and human right, playing a crucial role in shaping the lifestyle for people, households, and neighborhoods. [1] As a result, the quality and kind of real estate an individual or cumulative inhabits plays a big role in real estate organization and real estate policy.

Overview

Real estate is a physical structure indented for residence, accommodations or shelter that homes individuals and supplies them with a location to reside. Real estate includes a large range of sub-genres from apartment or condos and homes to short-lived shelters and emergency situation lodgings. [2] Access to safe, cost effective, and steady real estate is necessary for an individual to achieve ideal health, security, and total wellness. Real estate affects economic, social, and cultural chances as it is directly linked to education, work, health care, and socials media. [citation needed] In many countries, real estate policies and programs have been developed to attend to real estate concerns connected to cost, quality, and schedule. [citation needed] These programs and policies are described as real estate authorities, likewise known as a real estate ministry or real estate department.

Generally, there are two types of real estate, market real estate and non-market real estate. Market real estate describes real estate that is bought and offered on the open market, with costs and lease determined by supply and need. [citation needed] Market real estate is owned by personal individuals or corporations and includes apartment or condos, condominiums, personal real estate, and so on. [citation required] Non-market real estate describes real estate that is offered and handled by the government or non-profit organizations. [citation required] The goal of non-market real estate is to offer budget friendly real estate for people or families considered low-income. [citation required] Non-market real estate is subsidized, indicating that lease is lower than the market rate, and renters might be qualified for lease assistance programs. [3] Non-market real estate includes public, social, and cooperative real estate among others.

Macroeconomy and real estate rate

Real estate rates are affected by the macroeconomy. [4] Research conducted in 2018 indicates that a 1% boost in the Consumer Price Index leads to a $3,559,715 boost in real estate rates. As a result this raises the residential or commercial property cost per square foot by $119.3387. [citation required] Money Supply (M2) has a positive relationship with real estate costs. A study carried out in Hong Kong reported that as M2 increased by one unit, real estate rates rose by 0.0618. [citation required] When there is a 1% increase in the best financing rate, real estate rates drop between $18,237.26 and $28,681.17 in the HAC [which?] design. [citation required] Mortgage repayments result in an increase in the discount window base rate. A 1% rise in the rate leads to a $14,314.69 drop in real estate costs, and a typical market price drop of $585,335.50. [citation needed] In the United States, when there is a 1% boost in the US real interest rate, the residential or commercial property prices decrease from $9302.845 to $4957.274, and sellable area stop by $4.955206 and $14.01284. When there is a 1% increase in overnight Hong Kong Interbank Offered Rate, the real estate rates drop to about 3455.529, and the rate per ft2 will drop by $187.3119. [5] [need quotation to confirm]

Real estate cost index

Real estate crisis

Health and real estate

Real estate is recognized as a social factor of health. [citation needed] While high-quality real estate environments favorably contribute to an individual's health, bad real estate or a complete absence thereof causes unfavorable health results. Lack of real estate or poor-quality real estate can negatively impact a person's physical and mental health. Real estate attributes that adversely affect physical health consist of wetness, mold, inadequate heating, and overcrowding. Mental health is likewise affected by inadequate heating, overcrowding, moisture, and mold, in addition to an absence of individual area. [13] Another factor that negatively impacts psychological health is real estate instability. [14] Negative health effects that impact children include possible exposure to asthma triggers or lead, and injuries triggered by structural deficiencies (e.g. lack of window guards or radiator covers). [15]

Member of the family with poor health lower financial obligation to play it safe. Data from the China House Finance Survey used a partial least squares structural formula design for outcomes that showed member of the family's poor health and individuals with uninsured endowment insurance coverage have an unfavorable influence on real estate financial obligation and household assets. [16]

By region

Real estate in Azerbaijan
Real estate in Barbuda
Real Estate in China Real Estate in Hong Kong


Real estate in Scotland

Affordable real estate
Category: Real estate ministries
Homeowner association
Real estate association
Housing estate
Real estate First
Informal real estate
List of real estate statutes
List of human habitation kinds
NIMBY
Right to real estate
Subsidized real estate
Urban planning
- US Federal Real Estate Administration
YIMBY
Zoning


Real estate portal


References

^ "real estate". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or getting involved organization subscription required.).
^ Gwendolyn Wright, Building the Dream: A Social History of Real Estate in America (MIT press, 1983).
^ Haffner, Marietta E. A. (2009 ). Bridging the Gap Between Social and Market Rented Real Estate in Six European Countries?. IOS Press. pp. 4+. ISBN 978-1-60750-035-3.
^ Dept, International Monetary Fund Research (2005-12-22). "Research Summaries: Real Estate Prices and Macroeconomics". IMF Research Bulletin. 2005 (4 ). doi:10.5089/ 9781451929980.026. A001 (non-active 1 June 2025). point out journal: CS1 maint: DOI inactive since June 2025 (link).
^ Li, R.Y.M. (2018 ). "Have Real Estate Prices Chosen the Smelly Wind? Big Data Analysis on Landfill in Hong Kong". Sustainability. 10 (2 ): 341. Bibcode:2018 Sust ... 10..341 L. doi:10.3390/ su10020341. S2CID 158813714.
^ National Association of Realtors (2022-01-01). "Real Estate Affordability Index (Fixed)". FRED, Federal Reserve Bank of St. Louis. Retrieved 2023-04-06.
^ "Property market: Definitions, charts and information". www.bankofcanada.ca. Retrieved 2023-04-06.
^ Kenton, Will (September 30, 2022). "Affordability Index". Investopedia. Retrieved 2023-04-06.
^ Menendian, Stephen (November 30, 2022). "Deconstructing the 'Real Estate Crisis'". Othering and Belonging Institute (UC Berkeley). Retrieved 2023-12-30.
^ Potts, Deborah Helen (2020 ). Broken cities inside the international real estate crisis. London: Zed books. ISBN 978-1-78699-054-9.
^ Wetzstein, Steffen (2017-11-01). "The global urban real estate price crisis" (PDF). Urban Studies. 54 (14 ): 3159-3177. doi:10.1177/ 0042098017711649. ISSN 0042-0980.
^ "What has triggered the international real estate crisis - and how can we repair it?". World Economic Forum. Archived from the original on 2025-01-23. Retrieved 2025-01-31.
^ Rolfe, Steve; Garnham, Lisa; Godwin, Jon; Anderson, Isobel; Seaman, Pete; Donaldson, Cam (2020 ). "Real estate as a social factor of health and health and wellbeing: Developing an empirically-informed realist theoretical framework". BMC Public Health. 20 (1 ): 1138. doi:10.1186/ s12889-020-09224-0. PMC 7370492. PMID 32689966.
^ Li, Ang; Baker, Emma; Bentley, Rebecca (2022 ). "Understanding the mental health effects of instability in the personal rental sector: A longitudinal analysis of a nationwide friend". Social Science & Medicine. 296: 114778. doi:10.1016/ j.socscimed.2022.114778. PMID 35151148. S2CID 246614891.
^ Dunn, James R. (2020 ). "Real Estate and Healthy Child Development: Known and Potential Impacts of Interventions". Annual Review of Public Health. 41: 381-396. doi:10.1146/ annurev-publhealth-040119-094050. PMID 31874071.
^ Chen, S. et al Health, Insurance, and Social Capital's Influence on Real estate Debt and Assets Using a Partial Least Squares Structural Equation Modeling Technique. Buildings 2024, 14, 3540. https://doi.org/10.3390/buildings14113540.
External links

The dictionary definition of real estate at Wiktionary

Media associated to Real estate at Wikimedia Commons.
Media related to Real estate at Wikimedia Commons.
Shadwell, Arthur (1911 ). "Real estate". Encyclopædia Britannica.