Housing refers to a residential or commercial property including one or more shelter as a home. Real estate spaces are lived in either by individuals or a collective group of individuals. Real estate is also referred to as a human need and human right, playing a critical function in forming the lifestyle for individuals, families, and neighborhoods. [1] As an outcome, the quality and kind of real estate a specific or collective inhabits plays a big role in real estate company and real estate policy.

Overview

Real estate is a physical structure indented for residence, lodging or shelter that homes people and provides them with a location to live. Real estate includes a vast array of sub-genres from apartments and homes to short-lived shelters and emergency accommodations. [2] Access to safe, economical, and steady real estate is essential for an individual to accomplish ideal health, safety, and general wellness. Real estate impacts financial, social, and cultural opportunities as it is directly connected to education, employment, health care, and social media networks. [citation needed] In many countries, real estate policies and programs have been established to resolve real estate concerns associated with cost, quality, and availability. [citation required] These programs and policies are referred to as real estate authorities, also known 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 real estate that is bought and sold on the open market, with rates and rent figured out by supply and need. [citation needed] Market real estate is owned by personal people or corporations and includes apartment or condos, condominiums, private real estate, and so on. [citation required] Non-market real estate describes real estate that is offered and managed by the federal government or non-profit organizations. [citation required] The objective of non-market real estate is to offer economical real estate for people or families considered low-income. [citation needed] Non-market real estate is subsidized, meaning that lease is lower than the market rate, and renters may be eligible for rent support programs. [3] Non-market real estate consists of public, social, and cooperative real estate among others.

Macroeconomy and real estate rate

Real estate prices are impacted by the macroeconomy. [4] Research performed in 2018 indicates that a 1% increase in the Consumer Price Index results in a $3,559,715 increase in real estate prices. As a result this raises the residential or commercial property price per square foot by $119.3387. [citation required] Money Supply (M2) has a positive relationship with real estate prices. A study performed in Hong Kong reported that as M2 increased by one unit, real estate rates increased by 0.0618. [citation needed] When there is a 1% increase in the finest lending rate, real estate costs drop in between $18,237.26 and $28,681.17 in the HAC [which?] design. [citation needed] Mortgage payments lead to a rise in the discount window base rate. A 1% rise in the rate leads to a $14,314.69 drop in real estate rates, and a typical asking price drop of $585,335.50. [citation needed] In the United States, when there is a 1% boost in the US genuine interest rate, the residential or commercial property rates decrease from $9302.845 to $4957.274, and sellable location drops 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 cost per ft2 will visit $187.3119. [5] [require quote to confirm]

Real estate affordability index

Real estate crisis

Health and real estate

Real estate is recognized as a social factor of health. [citation required] While top quality real estate environments positively 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 impact a person's physical and psychological health. Real estate attributes that negatively affect physical health consist of wetness, mold, inadequate heating, and overcrowding. Mental health is likewise affected by insufficient heating, overcrowding, dampness, and mold, in addition to a lack of personal space. [13] Another element that adversely affects mental health is real estate instability. [14] Negative health results that affect kids include potential exposure to asthma triggers or lead, and injuries caused by structural deficiencies (e.g. lack of window guards or radiator covers). [15]

Family members with bad health decrease financial obligation to play it safe. Data from the China House Finance Survey utilized a partial least squares structural formula design for results that suggested relative's bad health and people with uninsured endowment insurance have an adverse 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 preparation
- US Federal Real Estate Administration
YIMBY
Zoning


Real estate portal


References

^ "real estate". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or taking part organization 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). point out journal: CS1 maint: DOI non-active as of 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.
^ "Property market: Definitions, graphs and data". 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 international metropolitan real estate cost crisis" (PDF). Urban Studies. 54 (14 ): 3159-3177. doi:10.1177/ 0042098017711649. ISSN 0042-0980.
^ "What has caused 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 Effect 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.