Urban Real Estate Trend
Trend of real estate development varies from region to region. In general, urbanization in and around existing cities is reducing arable land. Than again, as more and more people move in urban homes leaving behind villages, frees up land for farming. However, due to increase in population in the world, the net rate of decrease of arable land is quite alarming. Asian cities offer better services, higher concentration of jobs and more universities than rural areas. Also, there is the influx of folks who hope to make a living by serving the large population of the city, end up living in the slums of the cities. US and Canadian cities have an absolutely different trend. These countries have large land mass with comparatively small population. Outsourcing of manufacturing activities is having a large impact on real estate development. Many large cities in USA and Canada were hubs of factories. But today many, if not most, of the manufactured goods come from China. Factories are either shu...