The economics of commercial property markets

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. This new text provides a rigorous analysis of real estate markets. It goes beyond the often descriptive nature of much property market analysis to focus on important theoretical principles. The book is divided into three main sections, covering: * microeconomics of property markets * the macroeconomics of commercial property * the financial economics of property Empirical examples drawn from around the world clearly illustrate the theories and issues discussed. 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. 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 With Empirical Examples Drawn From Around The World Illustrating The Theories And Issues Discussed, This Text Provides A Rigorous Analysis Of Real Estate Markets. Michael Ball, Colin Lizieri, And Bryan D. Macgregor. Includes Bibliographical References (p. 367-384) And Indexes.