The paper alms at dercribing Real Estate Business, in derail, with a hope that Real Estate Science, which studios upon Real Estate Business, is worth for studying.
Real Estate Business is defined as a business, which has emerged owing to the land pri...
The paper alms at dercribing Real Estate Business, in derail, with a hope that Real Estate Science, which studios upon Real Estate Business, is worth for studying.
Real Estate Business is defined as a business, which has emerged owing to the land price increase caused by urbanization, and which requires knowledge of Real Estate Investment For its success.
There are Real Estate brokerage, Real Estate appraisal, Real Estate management, Real Estate construction(or development). Real Estate finance and Real Estate consulting. Real Estate government policy fits well to this context.
The investment of individual household or entrepreneur is included inthe Business in this context, though not made constantly which is different from the other business.
Private Real Estate business occupies 10% of the GNP, while Real Estate public & private construction does 18% in Korea, which reveals the importance of Real Estate business, in short. In the United States. The private expenditure shares 64% among the GNP, government expenditure does 21%, private expenditure 15 ∼ 16%. The haler of the last is Real Estate Investment.
Finally, it is contended to today's unsatisfactory urban Real Estate environment is the result of unsuccessfull response to Real Estate problems. And the Heal Estate Business problems are illustrated chiefly with Ratcliff's explanation, which should be solved by Real Estate Science.