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Palgrave Macmillan

Real Estate Economics

ISBN 9780230233201
Publication Date April 2011
Formats Paperback Ebook (PDF) Ebook (EPUB) 
Publisher Palgrave Macmillan

'Real Estate Economics' explains the most important issues in UK and international real estate in terms of applied economics. It includes examples and data from property markets around the world, summaries of recent research in real estate issues, and up-to-date graphs and tables to explain the economics of land and property.

Written by an experienced lecturer, this book is ideal for introductory courses on real estate, land and property, construction, housing, planning and applied economics, and includes:
■ a wide range of topical real estate subjects, such as the cyclical nature
of real estate markets and the credit crunch; 'green building' and
energy performance certificates; and the development of brownfield
and contaminated land
■ empirical data to illustrate concepts in the form of tables or graphs
■ boxed examples throughout
■ a full pedagogical framework, including learning outcomes, chapter
summaries and questions for review in each chapter
■ up-to-date presentation and analysis of issues related to the recent
global recession

ERNIE JOWSEY is Professor of Property and Real Estate at Northumbria University. Previous publications include Urban Planning, 6th Edition and Modern Economics, 8th Edition both co-written with Jack Harvey.

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



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Reviews

'This is the best basic economics text for real estate students. It presents economic concepts and tools in a simple, readable way, and their applications give students insight into a comprehensive range of real estate phenomena and processes.' Colin Jones, Professor of Estate Management, Heriot-Watt University
'An engaging and timely publication, which brings the subject to life in a comprehensive and accessible way.' Dr Lulu Wang, School of the Built and Natural Environment, Northumbria University
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