Difference between revisions of "Real estate"
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(some commentators began to say that the "housing bubble" was collapsing) |
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'''Real estate''', also known as "[[real property]]," consists of land and fixtures on land, such as houses. | '''Real estate''', also known as "[[real property]]," consists of land and fixtures on land, such as houses. | ||
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| + | In 2007 and 2008, some commentators began to say that the "[[housing bubble]]" was collapsing,<ref> [http://www.iht.com/articles/2008/04/13/business/housing.php U.S. housing collapse spreads overseas] </ref> a reference to the slight lowering of prices which resulted when demand for new houses and apartments dropped off. | ||
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| + | ==Notes== | ||
| + | {{reflist}} | ||
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[[category:legal terms]] | [[category:legal terms]] | ||
Revision as of 13:37, April 14, 2008
Real estate, also known as "real property," consists of land and fixtures on land, such as houses.
In 2007 and 2008, some commentators began to say that the "housing bubble" was collapsing,[1] a reference to the slight lowering of prices which resulted when demand for new houses and apartments dropped off.