real = R = real hack

real estate n.

May be used for any critical resource measured in units of area. Most frequently used of `chip real estate', the area available for logic on the surface of an integrated circuit (see also nanoacre). May also be used of floor space in a dinosaur pen, or even space on a crowded desktop (whether physical or electronic).

--The Jargon File version 4.3.1, ed. ESR, autonoded by rescdsk.