Housing refers to a residential or commercial property including one or more shelter as a living area. Real estate spaces are populated either by individuals or a cumulative group of individuals. Real estate is likewise described as a human requirement and human right, playing an important function in shaping the lifestyle for individuals, families, and neighborhoods. [1] As an outcome, the quality and type of real estate an individual or collective inhabits plays a big role in real estate organization and real estate policy.

Overview

Real estate is a physical structure indented for dwelling, accommodations or shelter that homes individuals and offers them with a location to live. Real estate includes a broad range of sub-genres from apartment or condos and homes to short-lived shelters and emergency accommodations. [2] Access to safe, budget friendly, and stable real estate is essential for a person to achieve optimal health, safety, and overall wellness. Real estate affects financial, social, and cultural opportunities as it is straight connected to education, work, health care, and social networks. [citation required] In numerous countries, real estate policies and programs have been developed to attend to real estate problems related to price, quality, and accessibility. [citation needed] These programs and policies are described as real estate authorities, also referred to as a real estate ministry or real estate department.

Generally, there are two kinds of real estate, market real estate and non-market real estate. Market real estate refers to real estate that is bought and offered on the free market, with costs and rent identified by supply and need. [citation required] Market real estate is owned by personal people or corporations and consists of apartment or condos, condos, private real estate, and so on. [citation required] Non-market real estate refers to real estate that is supplied and handled by the government or non-profit companies. [citation required] The objective of non-market real estate is to supply inexpensive real estate for people or households thought about low-income. [citation needed] Non-market real estate is subsidized, meaning that rent is lower than the marketplace rate, and renters might be eligible for rent help programs. [3] Non-market real estate consists of public, social, and cooperative real estate to name a few.

Macroeconomy and real estate rate

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

Real estate price index

Real estate crisis

Health and real estate

Real estate is acknowledged as a social determinant of health. [citation needed] While premium real estate environments favorably contribute to a person's health, poor real estate or a complete lack thereof causes negative health impacts. Lack of real estate or poor-quality real estate can negatively affect a person's physical and mental health. Real estate attributes that negatively impact physical health consist of wetness, mold, inadequate heating, and overcrowding. Mental health is also affected by insufficient heating, overcrowding, dampness, and mold, in addition to a lack of personal area. [13] Another element that negatively affects mental health is real estate instability. [14] Negative health results that affect children include potential exposure to asthma sets off or lead, and injuries triggered by structural shortages (e.g. lack of window guards or radiator covers). [15]

Family members with poor health minimize financial obligation to prevent threats. Data from the China House Finance Survey used a partial least squares structural formula design for results that indicated household member's poor health and people with uninsured endowment insurance have an adverse effect on real estate financial obligation and family 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 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). cite journal: CS1 maint: DOI non-active since June 2025 (link).
^ Li, R.Y.M. (2018 ). "Have Real Estate Prices Opted For 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, 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 worldwide real estate crisis. London: Zed books. ISBN 978-1-78699-054-9.
^ Wetzstein, Steffen (2017-11-01). "The global city real estate affordability 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 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 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 effects of instability in the personal rental sector: A longitudinal analysis of a nationwide 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 Impact 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 meaning of real estate at Wiktionary

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