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**Abstract
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Real estate development in high-risk areas presents unique challenges and opportunities due to factors such as environmental hazards, geopolitical instability, and susceptibility to natural disasters. This study aims to explore the dynamics of real estate development in such areas, examining the challenges faced by developers, investors, and communities, as well as the potential opportunities for sustainable and resilient growth. By analyzing case studies and employing qualitative research methods, this research seeks to provide insights into effective strategies for mitigating risks and harnessing opportunities in high-risk real estate markets.
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