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Pedology (from Greek: πέδον, pedon, "soil"; and λόγος, logos, "study") is a discipline within soil science which focuses on understanding and characterizing soil formation, evolution, and the theoretical frameworks for modeling soil bodies, often in the context of the natural environment. [1]
The history of edaphology is not simple, as the two main alternative terms for soil science—pedology and edaphology—were initially poorly distinguished. [10] Friedrich Albert Fallou originally conceived pedology in the 19th century as a fundamental science separate from the applied science of agrology, [11] a predecessor term for edaphology, [12] a distinction retained in the current ...
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.
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 ...
In a rapidly rising real estate economics housing market, buying off-plan enables investors and homebuyers to buy a property at a lower price than if they wait for the construction of their chosen property to commence or when it eventually is completed. In addition, buying off-plan may be the only way to get a property with a specific location ...
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A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
Imputed housing rent is the economic theory of imputation applied to real estate: that the value is more a matter of what the buyer is willing to pay than the cost the seller incurs to create it. In this case, market rents are used to estimate the value to the property owner.