ABSTRACT
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.
TABLE OF CONTENTS
chapter |9 pages
Introduction
part |124 pages
Microeconomics and Commercial Property
chapter |5 pages
Introduction and Commentary
chapter |23 pages
A Model of Commercial Property Markets
chapter |35 pages
User Demand and the Land Market
chapter |29 pages
The Location of Commercial Property
chapter |30 pages
Property Supply and Institutional Analysis
part |118 pages
Macroeconomics and the Property Market
chapter |6 pages
Introduction and Commentary
chapter |25 pages
Property Markets and the Macroeconomy
chapter |27 pages
Long-run Supply, Stability and Efficiency
chapter |25 pages
Property Cycles
chapter |33 pages
Market Modelling and Forecasting
part |104 pages
Financial Economics and Commercial Property