Othering and Belonging Institute (UC Berkeley)
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Housing refers to a residential or commercial property including several shelter as a home. Real estate spaces are lived in either by individuals or a cumulative group of people. Real estate is likewise referred to as a human need and human right, playing a critical role in forming the quality of life for individuals, families, and communities. [1] As an outcome, the quality and type of real estate a private or collective inhabits plays a big function in real estate organization and real estate policy.
Overview
Real estate is a physical structure indented for dwelling, lodging or shelter that homes people and supplies them with a location to reside. Real estate consists of a wide variety of sub-genres from apartment or condos and houses to short-term shelters and emergency situation lodgings. [2] Access to safe, economical, and steady real estate is important for an individual to achieve optimal health, safety, and overall wellness. Real estate impacts financial, social, and cultural opportunities as it is straight connected to education, employment, health care, and social media networks. [citation required] In lots of countries, real estate policies and programs have been established to address real estate concerns related to cost, quality, and schedule. [citation required] These programs and policies are described as real estate authorities, also understood 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 rates and rent identified by supply and demand. [citation needed] Market real estate is owned by private people or corporations and includes apartments, condos, personal real estate, etc. [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 supply affordable real estate for people or families considered low-income. [citation required] Non-market real estate is subsidized, suggesting that rent is lower than the market rate, and occupants may be eligible for lease assistance programs. [3] Non-market real estate includes public, social, and cooperative real estate among others.
Macroeconomy and real estate cost
Real estate prices are affected by the macroeconomy. [4] Research performed in 2018 suggests that a 1% increase 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 rate per square foot by $119.3387. [citation required] Money Supply (M2) has a positive relationship with real estate prices. A study carried out in Hong Kong reported that as M2 increased by one system, real estate costs rose by 0.0618. [citation required] When there is a 1% boost in the very best lending rate, real estate rates drop between $18,237.26 and $28,681.17 in the HAC [which?] model. [citation required] Mortgage payments lead to an increase in the discount window base rate. A 1% rise in the rate causes a $14,314.69 drop in real estate costs, and an average market price drop of $585,335.50. [citation needed] In the United States, when there is a 1% increase in the US genuine interest rate, the residential or commercial property rates decrease from $9302.845 to $4957.274, and sellable area visit $4.955206 and $14.01284. When there is a 1% increase in over night Hong Kong Interbank Offered Rate, the real estate rates drop to about 3455.529, and the cost per ft2 will stop by $187.3119. [5] [need quotation to verify]
Real estate affordability index
Real estate crisis
Health and real estate
Real estate is recognized as a social determinant of health. [citation needed] While top quality real estate environments favorably contribute to an individual's health, bad real estate or a total absence thereof results in negative health results. Lack of real estate or poor-quality real estate can adversely impact a person's physical and psychological health. Real estate associates that adversely affect physical health consist of moisture, mold, inadequate heating, and overcrowding. Mental health is likewise impacted by inadequate heating, overcrowding, moisture, and mold, in addition to a lack of personal space. [13] Another factor that adversely affects mental health is real estate instability. [14] Negative health impacts that impact children consist of prospective exposure to asthma sets off or lead, and injuries triggered by structural shortages (e.g. absence of window guards or radiator covers). [15]
Relative with bad health lower financial obligation to prevent risks. Data from the China House Finance Survey used a partial least squares structural formula model for outcomes that suggested member of the health and individuals with uninsured endowment insurance have an unfavorable effect on real estate financial obligation and household properties. [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 preparation
- US Federal Real Estate Administration YIMBY Zoning
Real estate website
References
^ "real estate". Oxford English Dictionary (Online ed.). Oxford University Press. (Subscription or getting involved institution membership 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 (inactive 1 June 2025). cite 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 global city real estate price 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 fix 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 framework". 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 effects of instability in the private rental sector: A longitudinal analysis of a nationwide associate". 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 Influence 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 definition of real estate at Wiktionary
Media associated to Real estate at Wikimedia Commons. Media associated to Real estate at Wikimedia Commons. Shadwell, Arthur (1911 ). "Real estate". Encyclopædia Britannica.