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Housing describes a residential or commercial property containing one or more shelter as a home. Real estate spaces are lived in either by individuals or a collective group of people. Real estate is likewise referred to as a human need and human right, playing a vital role in shaping the quality of life for people, families, and communities. [1] As a result, the quality and kind of real estate a private or collective inhabits plays a big function in real estate organization and real estate policy.

Overview
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Real estate is a physical structure indented for house, accommodations or shelter that homes people and offers them with a location to live. Real estate includes a large range of sub-genres from homes and homes to momentary shelters and emergency situation lodgings. [2] Access to safe, budget-friendly, and steady real estate is essential for an individual to achieve optimum health, safety, and overall wellness. Real estate impacts financial, social, and cultural opportunities as it is directly linked to education, employment, healthcare, and socials media. [citation needed] In numerous countries, real estate policies and programs have been developed to attend to real estate problems related to affordability, quality, and availability. [citation required] 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 offered on the open market, with prices and lease identified by supply and demand. [citation needed] Market real estate is owned by personal individuals or corporations and includes houses, condominiums, personal real estate, etc. [citation required] Non-market real estate refers to real estate that is provided and managed by the government or non-profit organizations. [citation required] The objective of non-market real estate is to provide budget friendly real estate for individuals or families thought about low-income. [citation needed] Non-market real estate is subsidized, indicating that lease is lower than the marketplace rate, and renters may be eligible for rent support programs. [3] Non-market real estate includes public, social, and cooperative real estate amongst others.

Macroeconomy and real estate price

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

Real estate crisis

Health and real estate

Real estate is acknowledged as a social determinant of health. [citation required] While premium real estate environments positively add to an individual's health, bad real estate or a complete absence thereof results in 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 adversely impact physical health include wetness, mold, insufficient heating, and overcrowding. Mental health is also affected by insufficient heating, overcrowding, dampness, and mold, in addition to a lack of personal space. [13] Another factor that negatively impacts psychological health is real estate instability. [14] Negative health effects that impact children include possible direct exposure to asthma activates or lead, and injuries brought on by structural shortages (e.g. lack of window guards or radiator covers). [15]
Relative with poor health lower financial obligation to prevent threats. Data from the China House Finance Survey utilized a partial least squares structural equation model for outcomes that showed family member's poor health and individuals with uninsured endowment insurance have an unfavorable influence on real estate financial and household possessions. [16]
By area

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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

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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 (inactive 1 June 2025). point out journal: CS1 maint: DOI inactive 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. ^ "Realty market: Definitions, charts 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 worldwide urban real estate price 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 repair it?". World Economic Forum. Archived from the initial 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 mental health results of instability in the private rental sector: A longitudinal analysis of a nationwide mate". 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
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The dictionary meaning of real estate at Wiktionary

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