Housing Market and Economic Development: (Revisited) | ||||
| The Egyptian International Journal of Engineering Sciences and Technology | ||||
| Article 4, Volume 41, Issue 1, March 2023, Page 40-47 PDF (558.71 K) | ||||
| Document Type: Original Article | ||||
| DOI: 10.21608/eijest.2022.139217.1159 | ||||
 View on SCiNiTO | ||||
| Authors | ||||
Noha Nassar1; Tarek Abuzekry  2; Ahmed Elmenshawy3
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| 1Deprtment of Architectural Engineering,Faculty of Engineering,Zaqaziq university,Zaqaziq City,Egypt | ||||
| 2Architectural, Factual of engineering, Zagazig University, Zagazig City, Egypt | ||||
| 3Department of Architectural Engineering, Faculty of Engineering,Zaqaziq university,Zaqaziq City,Egypt | ||||
| Abstract | ||||
| Housing is considered the basis of economic development. Many activities related to housing are closely and directly related to the achievement of economic development goals. Real estate investment has always been seen as a measure of economic growth. That data is clearer and more accurate in developed countries, and the same general effect appears in developing countries with different degree of influence. The mortgage also helps the financial markets to develop. All over the world and especially in low-income countries, housing construction creates a lot of vacancies especially in cities. Housing is an essential part of a country's economy. Its front and back links with different parts of the economy are closely linked for example people's needs and demands and social processes with the provision of land, infrastructure, building materials, technology, jobs and housing finance. These linkages enable housing to act as an important driver of sustainable development in society and the economy. | ||||
| Keywords | ||||
| Housing; Economic; development | ||||
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