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With the lure of potential wealth and profitability, the real estate market has increasingly drawn the attention of investors worldwide. Unlike the stock market, property investments aren't just event-driven but are also impacted by physical factors like location, demographics, and infrastructure development. This article takes a deep dive into what exactly constitutes real estate, its diverse investment opportunities, and the impact of property investments at the local, regional, oven cleaning hacks and global levels.
Real estate, in its simplest form, refers to the land and any permanent improvements made to it, such as buildings, structures, and other infrastructure. Historically, human beings have invested in real estate as a means of obtaining shelter and protecting themselves from adverse environmental conditions.
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