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Housing describes a residential or commercial property containing one or more shelter as a home. Real estate areas are inhabited either by people or a collective group of individuals. Real estate is also referred to as a human need and human right, playing a critical function in shaping the quality of life for individuals, households, and communities. [1] As a result, the quality and type of real estate a specific or cumulative inhabits plays a big role in real estate organization and real estate policy.

Overview

Real estate is a physical structure indented for home, accommodations or shelter that homes people and provides them with a location to live. Real estate consists of a wide variety of sub-genres from apartment or condos and homes to temporary shelters and emergency situation lodgings. [2] Access to safe, cost effective, and steady real estate is important for an individual to accomplish optimum health, security, and total wellness. Real estate impacts economic, social, and cultural chances 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 associated with cost, quality, and accessibility. [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 kinds of real estate, market real estate and non-market real estate. Market real estate describes real estate that is purchased and sold on the open market, with prices and rent identified by supply and need. [citation needed] Market real estate is owned by private individuals or corporations and includes homes, condos, private real estate, and so on. [citation required] Non-market real estate refers to real estate that is supplied and managed by the government or non-profit companies. [citation needed] The goal of non-market real estate is to offer budget-friendly real estate for individuals or families thought about low-income. [citation needed] Non-market real estate is subsidized, meaning that lease is lower than the marketplace rate, and occupants may be eligible for lease assistance programs. [3] Non-market real estate consists of public, social, and cooperative real estate among others.

Macroeconomy and real estate price

Real estate rates are impacted by the macroeconomy. [4] Research carried out in 2018 suggests that a 1% increase in the Consumer Price Index results in a $3,559,715 boost in real estate rates. As an outcome this raises the residential or commercial property cost per square foot by $119.3387. [citation needed] Money Supply (M2) has a positive relationship with real estate costs. A study performed in Hong Kong reported that as M2 increased by one system, real estate rates increased by 0.0618. [citation required] When there is a 1% increase in the very best financing rate, real estate costs drop in between $18,237.26 and $28,681.17 in the HAC [which?] design. [citation required] Mortgage payments result in an increase in the discount rate window base rate. A 1% increase 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 rate of interest, the residential or commercial property rates reduce 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 rate per ft2 will stop by $187.3119. [5] [need quotation to validate]
Real estate cost index

Real estate crisis

Health and real estate

Real estate is recognized as a social factor of health. [citation required] While premium real estate environments positively add to an individual's health, poor real estate or a total lack thereof leads to unfavorable health impacts. Lack of real estate or poor-quality real estate can adversely affect an individual's physical and mental health. Real estate attributes that adversely impact physical health consist of dampness, mold, inadequate heating, and overcrowding. Mental health is also affected by insufficient heating, overcrowding, moisture, and mold, in addition to an absence of personal area. [13] Another factor that negatively affects psychological health is real estate instability. [14] Negative health results that impact children consist of prospective direct exposure to asthma triggers or lead, and injuries triggered by structural shortages (e.g. lack of window guards or radiator covers). [15]
Relative with poor health to play it safe. Data from the China House Finance Survey used a partial least squares structural formula model for results that indicated member of the family's poor health and people with uninsured endowment insurance have an adverse effect on real estate debt and family possessions. [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 forms 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 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). 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. ^ "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 cost crisis" (PDF). Urban Studies. 54 (14 ): 3159-3177. doi:10.1177/ 0042098017711649. ISSN 0042-0980. ^ "What has caused the worldwide real estate crisis - and how can we fix it?". World Economic Forum. Archived from the initial on 2025-01-23. Retrieved 2025-01-31. ^ Rolfe, Steve