The Evolution of Real Estate in the Economy
- Source:
- American Real Estate Society
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Overview: While the economy as a whole has been rapidly changing in response to technological innovation, real estate has evolved from a depository of wealth for households and assets for corporations into a major force in the debt and equity markets. In contrast, the role of real estate as a contributor to the nation's output and income has remained steady at approximately 11% of gross domestic product.
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Format: PDF | Size: 72KB | Date: Jul 2001 | Pages: 8




