What are the effects of urbanisation on real estate?

[Good-Person]

Urbanisation is a kind of modern term which is used to denote a kind of urban settlement. Urbanization is also one of the most important aspects of real estate because both of them are quiet related to each other. So, what are the effects of urbanization on real estate?

 

[Nomad]

Urbanization brings money to real estate. Urbanization means properties are built and a lot of people start coming to the city these new people need houses to live in, therefore, they will start buying and renting houses. Urbanization bring business to the real estate market.