This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas. The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory.
Unique in its coverage, Urban Economics and Real Estate allows an instructor to teach separate courses in either urban economics or urban real estate, or a blend of the two topics. The portion on urban economics focuses on urban/suburban growth--physical as well as job growth. The interplay of federal government and local authorities is discussed, and the effects of social problems, such as crime, poverty, and education that often accompany these changes are discussed.
While the latest data sets available are utilized, Urban Economics' emphasis is on economic analysis. The real estate chapters emphasize housing markets, appraisal, business investments, and their relationship to finance. New to this edition is extensive coverage of international issues in cities around the planet. Given the rapidly changing empirical side of urban demography, the text is accompanied by a website with new examples added annually and various discussions/tips about the latest data sets that become available.
