What are 3 ways that real estate is affected by globalization? And how?

Question

Geography

Paulina Howe

24 July, 06:01

What are 3 ways that real estate is affected by globalization? And how?

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Answers (1)

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Troy Barnett · Answer 1

Answer: 1. Cross-border flow of goods and services: Due to real estate in some areas, there would be access of goods and services from other places to that area.

2. Cross-border flow People and Knowledge: Due to increase of real estate in areas, there would be migration of people to that area which would increase the basic knowledge of the area.

3. Cross-border flow of Financial Instrument and Investment: Due to increase in real estate, the investment capacity would be increased and financial instruments would be more available.