Have you ever wondered what people mean when they talk about “real estate?” It sounds fancy, but it’s actually super simple!
At its core, real estate is just land, plus any permanent things attached to it. Think buildings, houses, or even just the raw earth itself!
It comes in a few flavors: residential, like homes and apartments where people live; commercial, like office buildings and shops; and industrial, which includes factories and warehouses.
So why does it matter? Well, we all need places to live, work, and conduct business! Plus, real estate can be a big investment, often growing in value over time.
In short, real estate is simply land and everything permanently built on it. It’s fundamental to our lives, providing homes, places for businesses, and even opportunities for investment!