Housing refers to a residential or commercial property containing one or more shelter as a living area. Real estate areas are occupied either by people or a cumulative group of people. Real estate is also referred to as a human need and human right, playing a crucial role in shaping the quality of life for people, households, and communities. [1] As a result, the quality and type of real estate a private or collective inhabits plays a large role in real estate company and real estate policy.

Overview
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Real estate is a physical structure indented for residence, accommodations or shelter that homes people and provides them with a place to live. Real estate consists of a wide variety of sub-genres from apartment or condos and homes to short-lived shelters and emergency situation accommodations. [2] Access to safe, inexpensive, and steady real estate is necessary for an individual to achieve optimal health, security, and total wellness. Real estate impacts economic, social, and cultural opportunities as it is straight linked to education, employment, healthcare, and social media networks. [citation required] In many countries, real estate policies and programs have actually been developed to address real estate concerns connected to affordability, quality, and availability. [citation needed] These programs and policies are referred to as real estate authorities, also called 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 free market, with rates and lease determined by supply and need. [citation required] Market real estate is owned by personal people or corporations and consists of homes, condominiums, private real estate, and so on. [citation required] Non-market real estate refers to real estate that is offered and managed by the government or non-profit organizations. [citation needed] The objective of non-market real estate is to offer budget-friendly real estate for individuals or households considered low-income. [citation required] Non-market real estate is subsidized, suggesting that lease is lower than the market rate, and tenants might be qualified for rent support programs. [3] Non-market real estate includes public, social, and cooperative real estate to name a few.

Macroeconomy and real estate rate

Real estate costs are impacted by the macroeconomy. [4] Research carried out in 2018 indicates that a 1% boost in the Consumer Price Index causes a $3,559,715 increase in real estate prices. As a result this raises the residential or commercial property cost per square foot by $119.3387. [citation required] Money Supply (M2) has a favorable relationship with real estate costs. A study conducted in Hong Kong reported that as M2 increased by one system, real estate costs increased by 0.0618. [citation required] When there is a 1% increase in the best loaning rate, real estate costs drop in between $18,237.26 and $28,681.17 in the HAC [which?] model. [citation needed] Mortgage repayments cause a rise in the discount window base rate. A 1% rise in the rate results in a $14,314.69 drop in real estate rates, and an average asking price drop of $585,335.50. [citation required] 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 visit $4.955206 and $14.01284. When there is a 1% rise in overnight Hong Kong Interbank Offered Rate, the real estate prices drop to about 3455.529, and the price per ft2 will stop by $187.3119. [5] [need quotation to confirm]
Real estate cost 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 favorably contribute to an individual's health, poor real estate or a complete absence thereof results in unfavorable health effects. Lack of real estate or poor-quality real estate can adversely affect an individual's physical and mental health. Real estate attributes that adversely affect physical health include dampness, mold, inadequate heating, and overcrowding. Mental health is likewise impacted by inadequate heating, overcrowding, dampness, and mold, in addition to an absence of personal area. [13] Another element that negatively affects mental health is real estate instability. [14] Negative health effects that affect children include possible exposure to asthma activates or lead, and injuries triggered by structural shortages (e.g. lack of window guards or radiator covers). [15]
Family members with poor health decrease financial obligation to play it safe. Data from the China House Finance Survey used a partial least squares structural formula design for results that suggested relative's poor health and people with uninsured endowment insurance coverage have a negative influence on real estate debt 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 portal
  References
  
  ^ "real estate". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or getting involved institution subscription 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). 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. ^ "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'". 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 international city real estate affordability crisis" (PDF). Urban Studies. 54 (14 ): 3159-3177. doi:10.1177/ 0042098017711649. ISSN 0042-0980. ^ "What has caused the international 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