Urban Economics and Real Estate Markets

Book Description

This up-to-date, highly-accessible book presents a unique combination of both economic theory and real estate applications, providing readers with the tools and techniques needed to understand the operation of urban real estate markets. It examines residential and non-residential real estate markets—from the perspectives of both macro- and micro-economics—as well as the role of government in real estate markets.

Customer Reviews:

Excellent Text for Understanding Urban Economics.......2007-05-07

This book is an excellent source for understanding urban economic theory and how it relates to real estate market cycles. It is written in an easy to understand format with relevant illustrations. The reader will find its insights valuable for real estate desicion making, and understanding where and how many real estate forecasts are made.

I would recommend this book to anyone interested in real estate development, however; only as a "required" economics text. It is not a real estate investment or financing guide to do "deals".

excellent material, not a graduate level book, needs an update.......2005-11-04

The book is not a graduate level book, unless for a master program in business or urban planning. It wouldn't pass as a graduate book in economics. It has been used at the undergraduate level in several universities despite some math that can be avoided if you are just interested in the economic intuition. It deserves an update (at least of the data). Perhaps making it more friendly looking and having some case studies at the end of each chapter could help sell it more.

How to clarify your thinking about real estate in cities.......2005-03-02

If I could recast the title of this book to be "The Economics of Real Estate in Urban Markets" I think you would be able to better understand what this book is about. Frankly, when I first read the title I was bewildered and unsure what exactly this book would be about. I think the term "Urban Economics" is an unfortunate one, but one that is actually well known and in use. After all, what is urban is not the economics, which are the same micro and macro principles you learned in college, but the complex environment in which they are applied and the admixture of both that is required to get to the root of the issues involved. But this is a quibble and does not detract from the real value of this useful book.

Real Estate markets in cities (the urban part of the title) are complex environments that involve the land itself, population and density, existing stock of buildings and their nature, regulations and codes, taxation, environmental concerns, the broader economy, industry and business mix, and much more. This book helps the reader develop intuitions and some algebraic tools about how to think about these issues and to combine them to come to better decisions about private and public investment, policy, and planning. What calculus there is, is kept in the footnotes for those interested.

This book is written for any reader that has had basic courses in micro and macro economics (or at least a general course discussing the basics of both areas) and has a decent command of high school algebra. It has lots of graphs to help the reader understand the intuitions involved and is written quite clearly. A general reader who had these prerequisites could work his or her way through the book on their own quite handily. However, the book is clearly aimed at upper level undergraduate or graduate courses in business, public policy, or urban planning.

I do recommend the book for those interested in this specialty. I do wish they had done a bit more careful job in publishing the maps in the chapter on Firm Site Selection. The legends are supposed to be shades of black and gray (always a bad choice in black and white - use hashing instead) and some of them have two or more areas that are indistinguishable by shade. Look on pages 83, 96, and 128 for examples of this problem. Nowadays, color is not that much more expensive to use and given the price of textbooks nowadays one would think that color would always be used. However, this is a tiny point.

Excellent guide to Real Estate and Urban Economics.......2004-06-29

This is an excellent introduction to understanding many of the economic forces which drive urban economics and real estate markets. The book is designed for a graduate-level course, but should be understandable by anybody with a rudimentary knowledge of economics and a desire to learn more. Certainly a 'must' for understanding these important topics and it certainly has some good 'ah ha' points where you 'get' something new and important.

High Price.......2001-11-20

It is an excellent book, a little pricy, but of high quality. It is not for someone that has not studied or worked in real estate, planning or land economics before though; it is a graduate level course book.

The Economics of Commercial Property Markets

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Looks Good ...
A Proper Understanding of the Market

The Economics of Commercial Property Markets
Michael Ball
Manufacturer: Routledge
ProductGroup: Book
Binding: Paperback

General | Popular Economics | Business & Investing | Subjects | Books

Urban & Regional | Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

General | Real Estate | Business & Investing | Subjects | Books

All Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
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ASIN: 0415149932

Book Description

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. Throughout, the emphasis is on making an often complex area as accessible and readable as possible, with each chapter containing a boxed summary and questions for self-testing or discussion.

Customer Reviews:

Looks Good ..........2001-01-19

Check out the review in Journal of Real Estate Literature - very positive. This is a really comprehensive text, international in scope. For here, could do with more US examples, but as an overview of the economics of real estate this is hard to beat. It is much broader than most of the texts you see, not a how-to-do-it manual, but great for understanding WHY the market works.

Doug K, Chicago

A Proper Understanding of the Market.......2000-01-20

At last, a real estate economics text that links together the finance, economics and planning aspects of the production of space. Most texts are so narrow and stuck in their own subject area. The authors cover demand for commercial space (offices, industrial real estate, shops), investment in real estate and the links to the wider economy. Unlike many US texts, it has a global perspective with a fine chapter on international investment. Well written, well researched, comprehensive references - this is an invaluable resource for professionals and for academics.

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Property Rights, Planning and Markets
Chris Webster , and Lawrence Wai-Chung Lai
Manufacturer: Edward Elgar Publishing
ProductGroup: Book
Binding: Hardcover

General | Popular Economics | Business & Investing | Subjects | Books

General | Business & Investing | Subjects | Books

Property | Business | Law | Subjects | Books

General | Urban Planning & Development | Nonfiction | Subjects | Books
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ASIN: 1840649046

Book Description

This book represents a major innovation in the institutional analysis of cities and their planning, management and governance. Using concepts of transaction costs and property rights, the work shows systematically how urban order evolves as individuals cooperate in cities for mutual gain.

Book Description

The cities of the Pacific Rim are in one of the most dynamic spheres of the global economy. They also offer a wide range of different responses to the demands that rapid growth puts on planning and infrastructure. This book considers the interactive relationships between the operation of the planning system and the role and performance of property development and real estate markets in 14 Pacific Rim cities drawn from both Eastern and Western perspectives.

Comparing Spatial Features of Urban Housing Markets: Recent Evidence of Submarket Formation in Metropolitan Helsinki and Amsterdam (Sustainable Urban Areas)

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Comparing Spatial Features of Urban Housing Markets: Recent Evidence of Submarket Formation in Metropolitan Helsinki and Amsterdam (Sustainable Urban Areas)
T. Kauko
Manufacturer: IOS Press/Delft University Press
ProductGroup: Book
Binding: Paperback

General | Real Estate | Business & Investing | Subjects | Books

Product Description

Various location specific attributes contribute to the spatial dynamics of housing markets. This effect may partly be of a qualitative and discontinuous nature, which causes market segmentation into submarkets.

Book Description

This work provides a rich mine of ideas to stimulate thinking about organizational interaction, and organizations in relation to various socio/cultural values.

Book Description

Tourism based on natural environments is a huge international industry, requiring access to land with scenery, native plants, and wildlife. In turn, land managers need money to maintain the land and all its resources. Looking at the economic, social and environmental consequences of nature-based tourism, this book discusses the importance of links and partnerships, as well as the conflicts between commercial tourism interests and land management agencies.

Book Description

The synchronized flashing of fireflies at night. The spiraling patterns of an aggregating slime mold. The anastomosing network of army-ant trails. The coordinated movements of a school of fish. Researchers are finding in such patterns--phenomena that have fascinated naturalists for centuries--a fertile new approach to understanding biological systems: the study of self-organization. This book, a primer on self-organization in biological systems for students and other enthusiasts, introduces readers to the basic concepts and tools for studying self-organization and then examines numerous examples of self-organization in the natural world.

Self-organization refers to diverse pattern formation processes in the physical and biological world, from sand grains assembling into rippled dunes to cells combining to create highly structured tissues to individual insects working to create sophisticated societies. What these diverse systems hold in common is the proximate means by which they acquire order and structure. In self-organizing systems, pattern at the global level emerges solely from interactions among lower-level components. Remarkably, even very complex structures result from the iteration of surprisingly simple behaviors performed by individuals relying on only local information. This striking conclusion suggests important lines of inquiry: To what degree is environmental rather than individual complexity responsible for group complexity? To what extent have widely differing organisms adopted similar, convergent strategies of pattern formation? How, specifically, has natural selection determined the rules governing interactions within biological systems?

Broad in scope, thorough yet accessible, this book is a self-contained introduction to self-organization and complexity in biology--a field of study at the forefront of life sciences research.

Customer Reviews:

Real, practical studies of self-organization in biology.......2002-09-19

Many books containing theory upon theory about self-organization in the biosphere have appeared in recent years. This book could be an important catalyst towards putting more of these theories to the test. While it has long been recognized that self-organization could be important in biological systems, many of these studies are computational models only. Many are very convincing, but unless steps are taken towards verifying these models and scrutinizing their validity, it is very difficult to know whether the theories have any real value towards understanding real life.

The strenght of this book lies in its rigorous introductions to the relevant theoretical concepts in self-organization, followed up by a general debate of self-organization versus competing explanations. The book spends many chapters looking at particular natural phenomena in detail, and examines possibilities for self-organization in these. In spite of the fact that these chapters have different authors, they follow each other well. The book is unusually well put together for this kind of collection of works by multiple authors.

The majority of the case study chapters involve studies of social insects, which narrows the topic a little in comparison with the more ambitious title. Self-organization also occurs elsewhere in biology, and personally I am a little dissapointed that a wider range of case studies were not chosen for the book. This could have spawned more interest and further work in other areas of the field.

Book Description

Can physics be an appropriate framework for the understanding of ecological science? Most ecologists would probably agree that there is little relation between the complexity of natural ecosystems and the simplicity of any example derived from Newtonian physics. Though ecologists have long been interested in concepts originally developed by statistical physicists and later applied to explain everything from why stock markets crash to why rivers develop particular branching patterns, applying such concepts to ecosystems has remained a challenge.

Self-Organization in Complex Ecosystems is the first book to clearly synthesize what we have learned about the usefulness of tools from statistical physics in ecology. Ricard Solé and Jordi Bascompte provide a comprehensive introduction to complex systems theory, and ask: do universal laws shape the structure of ecosystems, at least at some scales? They offer the most compelling array of theoretical evidence to date of the potential of nonlinear ecological interactions to generate nonrandom, self-organized patterns at all levels.

Tackling classic ecological questions--from population dynamics to biodiversity to macroevolution--the book's novel presentation of theories and data shows the power of statistical physics and complexity in ecology. Self-Organization in Complex Ecosystems will be a staple resource for years to come for ecologists interested in complex systems theory as well as mathematicians and physicists interested in ecology.

Customer Reviews:

Very good.......2006-07-19

The book was sent very fast and I received it in excellent conditions

Creating Artificial Life: Self-Organization/Book and Disk

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Creating Artificial Life: Self-Organization/Book and Disk
Edward Rietman
Manufacturer: McGraw-Hill Companies
ProductGroup: Book
Binding: Paperback

General | Computers & Internet | Subjects | Books

General | Software | Computers & Internet | Subjects | Books

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General | Reference | Subjects | Books
ASIN: 0830641505

Evolutionary Systems: Biological and Epistemological Perspectives on Selection and Self-Organization

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Evolutionary Systems: Biological and Epistemological Perspectives on Selection and Self-Organization

Manufacturer: Springer
ProductGroup: Book
Binding: Hardcover

Consciousness & Thought | Philosophy | Nonfiction | Subjects | Books

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General | Evolution | Science | Subjects | Books

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Natural History | Nature & Ecology | Science | Subjects | Books

Book Description

To understand how complex dynamic systems, living or non-living, linguistic or non-linguistic, come to be organized as systems, to understand how their inherent dynamic nature gives rise to organisations and forms that have found a balance between potentiality for change and evolution on the one hand, and requisite stability in a given environment on the other, is the main ambition of the study of evolutionary systems.
The aim of the present volume is to elucidate the scientific and philosophical backgrounds that play a role in one of the major debates taking place in that field, namely that on the relation between selection and self-organization. The book represents a genuine interdisciplinary forum in which the major representatives of evolutionary systems take part.
Audience: This volume will be interest to biologists, philosophers of science, systems scientists, mathematicians, physicists, sociologists of science. It is highly recommended to those interested in an interdisciplinary and complex approach to evolution, as well as to those interested in developing a genuinely historical viewpoint in the sciences.

Computer Simulation of Self-Organization in Biological Systems

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Computer Simulation of Self-Organization in Biological Systems
Narendra S. Goel
Manufacturer: McGraw Hill Text
ProductGroup: Book
Binding: Textbook Binding
ASIN: 007023664X

Computer Simulations of Self-Organization in Biological Systems

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Computer Simulations of Self-Organization in Biological Systems
N. S. Goel , and Richard L. Thompson
Manufacturer: Mcgraw-Hill College
ProductGroup: Book
Binding: Hardcover

Research | Biological Sciences | Science | Subjects | Books

Modeling & Simulation | Computer Science | Computers & Internet | Subjects | Books
ASIN: 0029479223

Self-Organization in Biological Work Spaces

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Self-Organization in Biological Work Spaces

Manufacturer: North-Holland
ProductGroup: Book
Binding: Hardcover

General | Psychology & Counseling | Health, Mind & Body | Subjects | Books

Natural History | Nature & Ecology | Science | Subjects | Books
ASIN: 0444871497

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