Without housing, Productivity would collapse because humans still congregating in caves. Housing is for shelter and could be considered certainly as necessary for everyday living. Housing is very important and to have some extensions. If that so, many houses will build and become productive place of work. Residential house is productive in providing accommodation the same with hotel accommodation. Only 1.7% of the population works directly in real estate. Let’s think what if life without housing, people spends their money to bad things or for their pleasure. Because of this people motivates to have their own house rather spending money with nothing. Investors may build some more houses; people realized to spend their money in housing, if that will happen interest will become fair for both tenants and investors. When we have productivity housing, it is affordable housing (both rent and for sale). Productivity housing is not only for residential, and it’s for commercial and industrial zones. Through this, it will add for the growth capacity of economy.
Tags: house prices, housing
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