Search results
Results From The WOW.Com Content Network
Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationalization.
Private property is foundational to capitalism, an economic system based on the private ownership of the means of production and their operation for profit. [4] As a legal concept, private property is defined and enforced by a country's political system .
Privatization is the process of transferring ownership of a business, enterprise, agency, charity or public service from the public sector (the state or government) or common use to the private sector (businesses that operate for a private profit) or to private non-profit organizations.
Real estate economists analyze supply, demand, and pricing in real estate. Real estate economics is the application of economic techniques to real estate markets.It aims to describe and predict economic patterns of supply and demand.
Housing refers to the usage and possibly construction of shelter as living spaces, individually or collectively. Housing is a basic human need and a human right, playing a critical role in shaping the quality of life for individuals, families, and communities, [1] As such it is the main issue of housing organization and policy.
Public Housing for Private Purchase: A limited number of units were made available for public purchase by private citizens. In the late 1990s, due to an oversupply of housing units in the private market, the government decided to halt large-scale public housing projects, except for the continued redevelopment of military-dependent villages.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Private property access, use, exclusion and management are controlled by the private owner or a group of legal owners. [9] This is sometimes used interchangeably with private good. [17] An example would be a cellphone as it only one person may use it, making it rivalrous, and it has to be purchased, which makes it excludable.