Impact of real estate cycles on the development of economy
||Nthengwe, John Tiwonge
||Impact of real estate cycles on the development of economy
||Slovak University of Technology in Bratislava
||The real estate industry is one of the most important industrial sectors in many nations. Its development and the development of real estate values are most important to nation's economies and their long-term GDP growth path. The main aim of this research was to find out how real estate industry has impacted both positively and negatively the outcomes of GDP through the most seen parameters like unemployment and the well known economic institute structures like Banks and insurance companies. Basically this research shows how the basic microeconomic fundamentals of demand and supply in the real estate market formulate the real estate circles which consequently have direct or indirect impact on macroeconomics and the GDP.
||Economics, property market, Finance, Real Estate
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