Which are Some underlying facts regarding the real estate industry?

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter16: Real Estate And High-risk Investments
Section: Chapter Questions
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Which are Some underlying facts regarding the real estate industry?

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Real estate industry comprises of activities such as development, appraisal, constructing, marketing, selling , leasing or renting of properties for residential, commercial , industrial or agricultural purposes. This is one of the evergreen industries where the activities may never cease to exist even though there may be some volatility due to economic conditions.

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