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Real estate is the term used to describe any property that consists of land and any buildings, homes, or other natural resources like crops, minerals, or water. These properties, which can be utilized for residential, commercial, industrial, or agricultural purposes, are bought, sold, and leased within the real estate market.
Real estate is a class of assets that are frequently utilized for investment purposes in the financial world, either directly through the ownership of physical property or indirectly through the ownership of securities that are backed by real estate, such as real estate investment trusts (REITs).
Although it is also susceptible to market volatility and interest rate changes, real estate is sometimes viewed as a long-term investment with potential for both income and capital growth. Buying and owning, flipping, and developing properties are just a few of the many tactics used in real estate investing.
Real estate has a considerable impact on the economy and society as a whole in addition to its financial ramifications since it has an impact on housing affordability and availability, the location and layout of commercial and industrial activity, and the utilization of natural resources.
