SlideShare a Scribd company logo
1 of 29
HOW REAL
ESTATE
SECTOR
AFFECT BY
COVID-19
(PROPERTY)
Firstly I must
assure you all …
from my views you
will get to
know more about it
• Before I start it...
• I am telling you a general point that What
real estate is?
• "Real estate is the business of being
mediocre between the dealer and buyer of
property on a commission basis".
• In simple words
• Its Briges the gap between dealer and a
buyer.
• Now imagine with me....
There is a land , which
including the air above it and
• ground below it, and
• any buildings or structures
on it ,
• it's called realty this is
definition of real estate
As you can see my screen
REAL ESTATE
Corona has made its home all over the world
and the house builders sit in their house. Is it
right … yes
• As we all know we are in the middle of a severe
humanitarian crisis the coronavirus pandemic is not just
the health emergency but the economic emergency as
well the covid outbreak had severely affected the real
estate and construction sector of India.
• It’s a twelve billion dollar economy.
• the real estate is very badly affected it's as we must be
aware it consists of 7% of the GDP of the country.
• it employees 15% of the labor force of India so obviously
with the lock down it is severely affected it's a labor
intensive industry and affects 269 other industries along
with it because its resources materials of different kind
from iron steel to nails to the smallest of small items
which go into the building industry...
Regulated By
I am taking an example to know
more about real estate regulation
Under Modi
Jii
government
Launched on
1 May 2016.
• As we all know that future is an unpredictable
"no one can predict it", as covid is an
unpredicted that has spread over India.
• It is clear by now that the Covid-19 pandemic has
forever altered the way we live and work.
• Our offices, our homes, our outdoor spaces, every
place has been impacted by the virus.
• Each and every sector of the economy, including
• the healthy sector, has been hit by the novel
coronavirus pandemic.
• So in that case, if someone has a dream of own home
what will do they?? The audience please answer... your
answer definitely will be nothing.. because each and
every sector is affected...
• We know that House is the dream of every person in the
world, but it will be a dream again even those who were
just near by it and they didn't get it also...
• And The lockdown has also reinforced the importance
of owning a home because it is probably one of the only
places where one can feel safe and secure.
• So This because of Covid yes or no... Your answer
can be yes Because we can't do anything because
the future is unpredicted and it will happen and
because of it all the working sectors under it also
closed.
• There was no way to get any raw materials, iron steels
to the nails, electric appliances, and many more
things to complete a site it was impossible because of
these someone's dream became a dream. We if have
empathy So it's quite Unswallowable for us yes or
no.. for me its yes its unswallowable.
But my answer is no there was an opportunity to
buy your home but no problem as warren Buffett
said "Buying A Home Right Now"..."will be the best
opportunity in your lifetime".
1. Supply side factors positively influencing the market
2. Home loan interest rates at record low
3. Better Government support: Faster recovery in cities
4. Demand side enablers
5. Real estate a stable asset
6. Property available at reasonable prices
7. Better Deals
• We know that time is mightier than all, and that time was
bad for someone and this same time was good for
someone so there were some persons who get benefits
under this crisis
1. Home buyers were taking advantage of home loan because
of lowest interest.
2. Tenants were also taking benefit of giving less payment of rent
say yes or no audience... I am right or wrong.
I am telling you all with an examples
BOOM
Now I am taking about pre covid
situation
• High capital inflows
• High construction Activity
• High occupancy rates
• High property prices
CONTRACTION
Now I am taking about
post covid situation​
•Capital Outflows​
•Low construction Activity​
•Low occupancy rates​
•Low property prices​
Now I am talking about pre or post covid situations
Example
January 4, 20100
Now we are taking about real estate we must know
what includes it
POSITIVE
We are living in a
resisdent sector
and what if other
can't live
when we are talking
about realestae its
aim is importabt to
know
NEGATIVE
If we have a dream
to buy our own
house and we
don't have job
security
Reason
s
we wanted to
go out and see
the malls and
all how can we
do
So that’s all, Thank you
everyone for seeing hope so I
can Increase in your
knowledge
Conclusion

More Related Content

Similar to REAL ESTATE CONDITION AT COVID TIME

Where Does The Hypothesis Go In A Research Paper
Where Does The Hypothesis Go In A Research PaperWhere Does The Hypothesis Go In A Research Paper
Where Does The Hypothesis Go In A Research PaperTracy Clark
 
What Are Good Movies To Watch With Your Best Frie
What Are Good Movies To Watch With Your Best FrieWhat Are Good Movies To Watch With Your Best Frie
What Are Good Movies To Watch With Your Best FrieAngela Lovett
 
Master Sample Statement Of Purpose For Graduate Sch
Master Sample Statement Of Purpose For Graduate SchMaster Sample Statement Of Purpose For Graduate Sch
Master Sample Statement Of Purpose For Graduate SchKim Stephens
 
Reasons Why I Want To Attend Law School Essay
Reasons Why I Want To Attend Law School EssayReasons Why I Want To Attend Law School Essay
Reasons Why I Want To Attend Law School EssayAshley Richards
 
Money Myths: Renting is just flushing your money down the drain! Money Tips, ...
Money Myths: Renting is just flushing your money down the drain! Money Tips, ...Money Myths: Renting is just flushing your money down the drain! Money Tips, ...
Money Myths: Renting is just flushing your money down the drain! Money Tips, ...Rich Wealthy and Successful
 
Deep Fried Secrets of the Credit Crunch
Deep Fried Secrets of the  Credit CrunchDeep Fried Secrets of the  Credit Crunch
Deep Fried Secrets of the Credit CrunchWynn Quon
 
Transcript - dot.com and the public
Transcript  - dot.com and the publicTranscript  - dot.com and the public
Transcript - dot.com and the publicThe Open University
 
Financial Recovery - Baby Boomers 5 Amazing Action Steps
Financial Recovery - Baby Boomers 5 Amazing Action StepsFinancial Recovery - Baby Boomers 5 Amazing Action Steps
Financial Recovery - Baby Boomers 5 Amazing Action StepsEdieHardage
 
Real Estate Corporate Presentation 4 Researsal New
Real Estate Corporate Presentation 4 Researsal NewReal Estate Corporate Presentation 4 Researsal New
Real Estate Corporate Presentation 4 Researsal NewJun M. Rustia
 
Building your First House - A Lesson From Observation_Chilewe Siakasiya
Building your First House - A Lesson From Observation_Chilewe SiakasiyaBuilding your First House - A Lesson From Observation_Chilewe Siakasiya
Building your First House - A Lesson From Observation_Chilewe SiakasiyaChilewe Siakasiya
 
Using crisis as an opportunity to change
Using crisis as an opportunity to changeUsing crisis as an opportunity to change
Using crisis as an opportunity to changeMitesh Vachharajani
 
Impact of covid 19 on Real estate market 2020
Impact of covid 19 on Real estate market 2020Impact of covid 19 on Real estate market 2020
Impact of covid 19 on Real estate market 2020Priya Pawar
 
Money Myths Debt is bad! Money Tips, Tricks & Tactics #15.pdf
Money Myths Debt is bad! Money Tips, Tricks & Tactics #15.pdfMoney Myths Debt is bad! Money Tips, Tricks & Tactics #15.pdf
Money Myths Debt is bad! Money Tips, Tricks & Tactics #15.pdfRich Wealthy and Successful
 
Essay On There Is No Gain Without Pain
Essay On There Is No Gain Without PainEssay On There Is No Gain Without Pain
Essay On There Is No Gain Without PainLilian Gerlin
 
Biggest bubble is about to burst v2
Biggest bubble is about to burst v2Biggest bubble is about to burst v2
Biggest bubble is about to burst v2demystifyadvice
 
Financial Myth-Conceptions Part 1
Financial Myth-Conceptions Part 1Financial Myth-Conceptions Part 1
Financial Myth-Conceptions Part 1Ronald Nawrocki
 

Similar to REAL ESTATE CONDITION AT COVID TIME (17)

Where Does The Hypothesis Go In A Research Paper
Where Does The Hypothesis Go In A Research PaperWhere Does The Hypothesis Go In A Research Paper
Where Does The Hypothesis Go In A Research Paper
 
What Are Good Movies To Watch With Your Best Frie
What Are Good Movies To Watch With Your Best FrieWhat Are Good Movies To Watch With Your Best Frie
What Are Good Movies To Watch With Your Best Frie
 
Master Sample Statement Of Purpose For Graduate Sch
Master Sample Statement Of Purpose For Graduate SchMaster Sample Statement Of Purpose For Graduate Sch
Master Sample Statement Of Purpose For Graduate Sch
 
Reasons Why I Want To Attend Law School Essay
Reasons Why I Want To Attend Law School EssayReasons Why I Want To Attend Law School Essay
Reasons Why I Want To Attend Law School Essay
 
Money Myths: Renting is just flushing your money down the drain! Money Tips, ...
Money Myths: Renting is just flushing your money down the drain! Money Tips, ...Money Myths: Renting is just flushing your money down the drain! Money Tips, ...
Money Myths: Renting is just flushing your money down the drain! Money Tips, ...
 
Deep Fried Secrets of the Credit Crunch
Deep Fried Secrets of the  Credit CrunchDeep Fried Secrets of the  Credit Crunch
Deep Fried Secrets of the Credit Crunch
 
Transcript - dot.com and the public
Transcript  - dot.com and the publicTranscript  - dot.com and the public
Transcript - dot.com and the public
 
Financial Recovery - Baby Boomers 5 Amazing Action Steps
Financial Recovery - Baby Boomers 5 Amazing Action StepsFinancial Recovery - Baby Boomers 5 Amazing Action Steps
Financial Recovery - Baby Boomers 5 Amazing Action Steps
 
Real Estate Corporate Presentation 4 Researsal New
Real Estate Corporate Presentation 4 Researsal NewReal Estate Corporate Presentation 4 Researsal New
Real Estate Corporate Presentation 4 Researsal New
 
Building your First House - A Lesson From Observation_Chilewe Siakasiya
Building your First House - A Lesson From Observation_Chilewe SiakasiyaBuilding your First House - A Lesson From Observation_Chilewe Siakasiya
Building your First House - A Lesson From Observation_Chilewe Siakasiya
 
Using crisis as an opportunity to change
Using crisis as an opportunity to changeUsing crisis as an opportunity to change
Using crisis as an opportunity to change
 
Impact of covid 19 on Real estate market 2020
Impact of covid 19 on Real estate market 2020Impact of covid 19 on Real estate market 2020
Impact of covid 19 on Real estate market 2020
 
Money Myths Debt is bad! Money Tips, Tricks & Tactics #15.pdf
Money Myths Debt is bad! Money Tips, Tricks & Tactics #15.pdfMoney Myths Debt is bad! Money Tips, Tricks & Tactics #15.pdf
Money Myths Debt is bad! Money Tips, Tricks & Tactics #15.pdf
 
Essay On There Is No Gain Without Pain
Essay On There Is No Gain Without PainEssay On There Is No Gain Without Pain
Essay On There Is No Gain Without Pain
 
Biggest bubble is about to burst v2
Biggest bubble is about to burst v2Biggest bubble is about to burst v2
Biggest bubble is about to burst v2
 
Impact of covid 19 on real
Impact of covid 19 on realImpact of covid 19 on real
Impact of covid 19 on real
 
Financial Myth-Conceptions Part 1
Financial Myth-Conceptions Part 1Financial Myth-Conceptions Part 1
Financial Myth-Conceptions Part 1
 

Recently uploaded

Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfAdmir Softic
 
fourth grading exam for kindergarten in writing
fourth grading exam for kindergarten in writingfourth grading exam for kindergarten in writing
fourth grading exam for kindergarten in writingTeacherCyreneCayanan
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Krashi Coaching
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeThiyagu K
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Disha Kariya
 
social pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajanpragatimahajan3
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAssociation for Project Management
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
General AI for Medical Educators April 2024
General AI for Medical Educators April 2024General AI for Medical Educators April 2024
General AI for Medical Educators April 2024Janet Corral
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...christianmathematics
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfagholdier
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDThiyagu K
 
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...fonyou31
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpinRaunakKeshri1
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 

Recently uploaded (20)

Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
fourth grading exam for kindergarten in writing
fourth grading exam for kindergarten in writingfourth grading exam for kindergarten in writing
fourth grading exam for kindergarten in writing
 
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
Kisan Call Centre - To harness potential of ICT in Agriculture by answer farm...
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..
 
social pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajansocial pharmacy d-pharm 1st year by Pragati K. Mahajan
social pharmacy d-pharm 1st year by Pragati K. Mahajan
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
 
General AI for Medical Educators April 2024
General AI for Medical Educators April 2024General AI for Medical Educators April 2024
General AI for Medical Educators April 2024
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 

REAL ESTATE CONDITION AT COVID TIME

  • 1. HOW REAL ESTATE SECTOR AFFECT BY COVID-19 (PROPERTY) Firstly I must assure you all … from my views you will get to know more about it
  • 2. • Before I start it... • I am telling you a general point that What real estate is? • "Real estate is the business of being mediocre between the dealer and buyer of property on a commission basis". • In simple words • Its Briges the gap between dealer and a buyer.
  • 3. • Now imagine with me.... There is a land , which including the air above it and • ground below it, and • any buildings or structures on it , • it's called realty this is definition of real estate As you can see my screen
  • 5. Corona has made its home all over the world and the house builders sit in their house. Is it right … yes
  • 6. • As we all know we are in the middle of a severe humanitarian crisis the coronavirus pandemic is not just the health emergency but the economic emergency as well the covid outbreak had severely affected the real estate and construction sector of India.
  • 7. • It’s a twelve billion dollar economy. • the real estate is very badly affected it's as we must be aware it consists of 7% of the GDP of the country. • it employees 15% of the labor force of India so obviously with the lock down it is severely affected it's a labor intensive industry and affects 269 other industries along with it because its resources materials of different kind from iron steel to nails to the smallest of small items which go into the building industry...
  • 8. Regulated By I am taking an example to know more about real estate regulation
  • 10. • As we all know that future is an unpredictable "no one can predict it", as covid is an unpredicted that has spread over India.
  • 11. • It is clear by now that the Covid-19 pandemic has forever altered the way we live and work. • Our offices, our homes, our outdoor spaces, every place has been impacted by the virus. • Each and every sector of the economy, including • the healthy sector, has been hit by the novel coronavirus pandemic.
  • 12. • So in that case, if someone has a dream of own home what will do they?? The audience please answer... your answer definitely will be nothing.. because each and every sector is affected...
  • 13. • We know that House is the dream of every person in the world, but it will be a dream again even those who were just near by it and they didn't get it also... • And The lockdown has also reinforced the importance of owning a home because it is probably one of the only places where one can feel safe and secure.
  • 14. • So This because of Covid yes or no... Your answer can be yes Because we can't do anything because the future is unpredicted and it will happen and because of it all the working sectors under it also closed.
  • 15. • There was no way to get any raw materials, iron steels to the nails, electric appliances, and many more things to complete a site it was impossible because of these someone's dream became a dream. We if have empathy So it's quite Unswallowable for us yes or no.. for me its yes its unswallowable.
  • 16. But my answer is no there was an opportunity to buy your home but no problem as warren Buffett said "Buying A Home Right Now"..."will be the best opportunity in your lifetime". 1. Supply side factors positively influencing the market 2. Home loan interest rates at record low 3. Better Government support: Faster recovery in cities 4. Demand side enablers 5. Real estate a stable asset 6. Property available at reasonable prices 7. Better Deals
  • 17. • We know that time is mightier than all, and that time was bad for someone and this same time was good for someone so there were some persons who get benefits under this crisis 1. Home buyers were taking advantage of home loan because of lowest interest. 2. Tenants were also taking benefit of giving less payment of rent say yes or no audience... I am right or wrong. I am telling you all with an examples
  • 18. BOOM Now I am taking about pre covid situation • High capital inflows • High construction Activity • High occupancy rates • High property prices CONTRACTION Now I am taking about post covid situation​ •Capital Outflows​ •Low construction Activity​ •Low occupancy rates​ •Low property prices​ Now I am talking about pre or post covid situations
  • 20. Now we are taking about real estate we must know what includes it
  • 21.
  • 22.
  • 24.
  • 25. We are living in a resisdent sector and what if other can't live when we are talking about realestae its aim is importabt to know
  • 27. If we have a dream to buy our own house and we don't have job security Reason s we wanted to go out and see the malls and all how can we do
  • 28.
  • 29. So that’s all, Thank you everyone for seeing hope so I can Increase in your knowledge Conclusion