Othering and Belonging Institute (UC Berkeley)
Housing describes a residential or commercial property consisting of several shelter as a living space. Real estate areas are inhabited either by people or a collective group of individuals. Real estate is likewise described as a human requirement and human right, playing a critical role in shaping the quality of life for people, families, and neighborhoods. [1] As an outcome, the quality and type of real estate a specific or collective inhabits plays a big role in real estate organization and real estate policy.
Overview
Real estate is a physical structure indented for home, lodging or shelter that homes individuals and supplies them with a place to live. Real estate consists of a wide variety of sub-genres from apartment or condos and houses to short-term shelters and emergency lodgings. [2] Access to safe, economical, and steady real estate is vital for a person to achieve ideal health, safety, and general well-being. Real estate affects economic, social, and cultural opportunities as it is directly connected to education, employment, health care, and socials media. [citation needed] In numerous countries, real estate policies and programs have been established to deal with real estate problems connected to price, quality, and schedule. [citation needed] These programs and policies are referred to as real estate authorities, likewise referred to as a real estate ministry or real estate department.
Generally, there are 2 types of real estate, market real estate and non-market real estate. Market real estate describes that is bought and sold on the free market, with rates and rent determined by supply and demand. [citation required] Market real estate is owned by private people or corporations and includes houses, condos, personal real estate, and so on. [citation needed] Non-market real estate describes real estate that is provided and handled by the government or non-profit organizations. [citation needed] The goal of non-market real estate is to provide budget friendly real estate for people or households considered low-income. [citation required] Non-market real estate is subsidized, meaning that rent is lower than the marketplace rate, and renters might be qualified for lease support programs. [3] Non-market real estate includes public, social, and cooperative real estate amongst others.
Macroeconomy and real estate rate
Real estate costs are affected by the macroeconomy. [4] Research conducted in 2018 indicates that a 1% increase in the Consumer Price Index causes a $3,559,715 increase in real estate prices. As an outcome this raises the residential or commercial property rate per square foot by $119.3387. [citation required] Money Supply (M2) has a positive relationship with real estate prices. A research study performed in Hong Kong reported that as M2 increased by one system, real estate prices rose by 0.0618. [citation required] When there is a 1% increase in the finest financing rate, real estate costs drop in between $18,237.26 and $28,681.17 in the HAC [which?] model. [citation needed] Mortgage repayments result in an increase in the discount rate window base rate. A 1% increase in the rate results in a $14,314.69 drop in real estate prices, and a typical selling cost drop of $585,335.50. [citation required] In the United States, when there is a 1% boost in the US genuine rate of interest, the residential or commercial property prices decrease from $9302.845 to $4957.274, and sellable location drops by $4.955206 and $14.01284. When there is a 1% rise in over night Hong Kong Interbank Offered Rate, the real estate prices drop to about 3455.529, and the price per ft2 will come by $187.3119. [5] [require quote to validate]
Real estate price index
Real estate crisis
Health and real estate
Real estate is acknowledged as a social factor of health. [citation needed] While high-quality real estate environments favorably add to a person's health, poor real estate or a complete absence thereof leads to negative health results. Lack of real estate or poor-quality real estate can adversely affect a person's physical and mental health. Real estate associates that adversely affect physical health include moisture, mold, insufficient heating, and overcrowding. Mental health is likewise impacted by inadequate heating, overcrowding, moisture, and mold, in addition to an absence of individual area. [13] Another factor that adversely affects psychological health is real estate instability. [14] Negative health impacts that affect kids consist of prospective exposure to asthma triggers or lead, and injuries triggered by structural shortages (e.g. absence of window guards or radiator covers). [15]
Family members with bad health reduce financial obligation to play it safe. Data from the China House Finance Survey utilized a partial least squares structural formula model for results that showed relative's bad health and people with uninsured endowment insurance coverage have a negative influence on real estate financial obligation and household possessions. [16]
By area
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 types
NIMBY
Right to real estate
Subsidized real estate
Urban planning
- US Federal Real Estate Administration YIMBY Zoning
Real estate website
References
^ "real estate". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or participating institution membership needed.). ^ 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). mention journal: CS1 maint: DOI inactive as of June 2025 (link). ^ Li, R.Y.M. (2018 ). "Have Real Estate Prices Gone with 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. ^ "Real estate market: Definitions, graphs 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 worldwide real estate crisis. London: Zed books. ISBN 978-1-78699-054-9. ^ Wetzstein, Steffen (2017-11-01). "The worldwide metropolitan real estate price crisis" (PDF). Urban Studies. 54 (14 ): 3159-3177. doi:10.1177/ 0042098017711649. ISSN 0042-0980. ^ "What has triggered the global real estate crisis - and how can we fix 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 wellbeing: Developing an empirically-informed realist theoretical structure". 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 psychological health impacts of instability in the private rental sector: A longitudinal analysis of a national accomplice". 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
finledger.com
The dictionary meaning 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.