A niche is specialized sector of the property market. Examples include income property, garden real estate, condos, equestrian property, vacation property, farm property, golf property, waterfront homes, beach houses and luxury homes. These are often categories in which potential buyers think about the property they seek. They are also used by real estate marketing companies to reach these types of buyer. In this context a niche describes a specific segment of home buyers and sellers, classified by ethnicity, nationality or socio-economic group (e.g. social housing or luxury real estate).
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Famous quotes containing the words niche, real and/or estate:
“Fact is Our Lord knew all about the power of money: He gave capitalism a tiny niche in His scheme of things, He gave it a chance, He even provided a first instalment of funds. Can you beat that? It’s so magnificent. God despises nothing. After all, if the deal had come off, Judas would probably have endowed sanatoriums, hospitals, public libraries or laboratories.”
—Georges Bernanos (1888–1948)
“Religion is a great force: the only real motive force in the world; but what you fellows don’t understand is that you must get at a man through his own religion and not through yours.”
—George Bernard Shaw (1856–1950)
“Sweet are the thoughts that savour of content,
The quiet mind is richer than a crown;
Sweet are the nights in careless slumber spent,
The poor estate scorns Fortune’s angry frown.
Such sweet content, such minds, such sleep, such bliss,
Beggars enjoy, when princes oft do miss.”
—Robert Greene (1558?–1592)