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Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
A suburban land use pattern in the United States (Colorado Springs, Colorado), showing a mix of residential streets and cul-de-sacs intersected by a four-lane road. Suburbanization (American English), also spelled suburbanisation (British English), is a population shift from historic core cities or rural areas into suburbs.
Over the last two centuries, the United States of America has been transformed from a predominantly rural, agricultural nation into an urbanized, industrial one. [2] This was largely due to the Industrial Revolution in the United States (and parts of Western Europe ) in the late 18th and early 19th centuries and the rapid industrialization ...
Exurbs can be defined in terms of population density across the extended urban area, for example "the urban core (old urban areas including Siming and Huli, where the population density is greater than 51 persons per ha), the suburban zone (old urban and new urban transitional zones including Haicang and Jimei, where the population density is ...
The state with the lowest rural median household income was Mississippi ($40,200). Among rural areas, poverty rates varied from a low in Connecticut (4.6 percent) to a high in New Mexico (21.9 percent). [12] About 13.4 million children under the age of 18 live in rural areas of the nation. [12]
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
A typical suburban development in the United States, located in Chandler, Arizona An urban development in Palma, Mallorca. Urban sprawl (also known as suburban sprawl or urban encroachment [1]) is defined as "the spreading of urban developments (such as houses and shopping centers) on undeveloped land near a city".
Rural areas have unique economic and social dynamics due to their relationship with land-based industry such as agriculture, forestry, and resource extraction. Rural economics can be subject to boom and bust cycles and vulnerable to extreme weather or natural disasters, such as droughts.