Tuesday 24 December 2013

Economic benefits of professional real estate associations

By Kirthi Hewamanne
It is an established fact that the Real Estate industry makes an important contribution to the economy of a country and to the welfare of its people.

Housing is a key factor in measuring the standard of living of a society, and is an indicator of the economic growth of a country. It is said that the total value of buildings and housing stock of a developed economy is the greatest single source of invested capital and the revenues generated from this sector represent a large slice of the country’s national income. A significant number of the working population of such countries is either directly or indirectly dependent on this business or its related activity.

More>>

(Source: Daily Mirror)

No comments:

Post a Comment