Economic explanations of real estate issues such as development, investment and
policy-making are introduced in this text. It is written in a non-technical way,
covering residential and commercial property markets, and includes empirical
data, examples, case studies, market reports and summaries of latest research.
Table of Contents
PART I: THE ECONOMIC FRAMEWORK The Scope of Economics Economic
Efficiency
PART II: LAND AND PROPERTY IN THE ECONOMY Real Estate Markets Land and
Property Price Determination Residential Property Markets The Cyclical Nature of Real
Estate Markets
PART III: PROPERTY DEVELOPMENT The Development Process Redevelopment
Development Finance Urban Regeneration and Urban Problems Cost-benefit Analysis of
Development Projects The Economics of Planning Regulation The Economics of the
Construction Industry Sustainable Development and 'Green Building' Contaminated Land and
Brownfield Development
PART IV: REAL ESTATE INVESTMENT Investment in UK Land and Property The
UK Commercial Property Market International Real Estate Markets
PART V: THE GOVERNMENT AND REAL ESTATE Regional Policy in the UK and
Europe The Impact of Government Policy on Real Estate Government Ownership of Real Estate
Taxation of Real Estate
496 pages, Paperback