Sunday, June 21, 2009

real estate markets and participants

In the united states and other countries,market competition serves to distribute resources among the various users . the market is forces of demand and supply interact within the economy to determine the price at which goods, capital,and services are exchanged and to whom they are allocated.Real estate resources are allocated among its various users-individuals,households,businesses,and institution-in real estate market. Real estate values derive from the interaction of three different sectors in the economy: the "real" world, or user markets: the financial world, or capital markets: and government. A discussion of each sector in this process is presented below.

No comments: