This new text provides a rigorous analysis of the economics of real estate markets. It goes beyond the often descriptive nature of much property market analysis to focus on important theoretical principles.
This new text provides a rigorous analysis of real estate markets. Three main sections cover:
microeconomics of property markets
the macroeconomics of commercial property
the financial economics of property
Global empirical examples illustrate the theories and issues. This often complex area is made accessible: each chapter contains a boxed summary and questions for self-testing or discussion.
