The stock market crash of 1929 and the Great Depression in the U.S. brought on a serious drop in real estate price and prices and ultimately resulted in depreciation of 50% for the 4 years after 1929. In 1938, an modification was made to the National Housing Act and Fannie Mae, a authorities agency, was established to serve as a secondary market for mortgages and to give lenders more cash in order for new houses to be funded. FIU is certainly one of fewer than seventy five universities in the United States that gives an undergraduate main in real estate. Students often work in real estate while enrolled and might benefit from FIU’s wonderful relations throughout the business. Commercial real estate contains shopping facilities and strip malls, medical buildings, educational buildings, hotels, and workplaces. Apartment buildings are sometimes thought of business, although they’re used for residences, as a result of …