| 1 |
1 |
The Real Estate Sector: The Capital and Property Markets (PDF)
1. Review of Economic Concepts |
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2 |
Micro and Macro Economic Analysis |
| 2 |
3 |
Location and Rents: The Indifference Principle, Submarkets and Land Use Segregation (PDF) |
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4 |
Urban Growth, Rents and Prices |
| 3 |
5 |
The Highest Use for Residential Development (PDF)
Location, Land Use and Density |
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6 |
Land Use Transition between Land Uses (Gentrification) |
| 4 |
7 |
Historical Development and Changing Technology (PDF)
Transportation, and Shipping Costs
Tax and Public Policy Effects |
| 5 |
8 |
The Office Market, and the Labor Market (PDF) |
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9 |
Theories of Multiple Centered Cities
1. Agglomeration and Clustering
2. The Commercial Land Market |
| 6 |
10 |
Retail Travel Patterns and the Distribution of Stores (PDF)
Pricing and Spatial Competition |
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11 |
Shopping Centers and Store Clustering |
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Midterm Exam |
| 7 |
12 |
Property Taxes, Public Expenditure, and Local Services, Community Choice, "Capitalization", and Income Segregation (PDF) |
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13 |
The Fiscal Incentives for Land Use Regulation |
| 8 |
14 |
Public Goods and "Neighborhood" Effects (PDF)
Internalizing External Effects through Government or Contracts |
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15 |
Congestion, Transportation Infrastructure and Planning Development |
| 9 |
16 |
Units, Households and Tenure Choice (PDF)
1. Demographic Influences |
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17 |
Housing Appreciation, Mortgages and the Cost of Owning |
| 10 |
18 |
The Operation of Non-residential Markets (PDF)
1. Vacancy, Absorption, and Market Frictions
2. Leasing, Tenure, and Tenant "Synergy" |
| 11 |
19 |
Long Term Trends in Space Usage and Demand
Herd Behavior and Development "Games" |
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20 |
The Time-series Properties of Housing and Commercial Space Markets (PDF) |
| 12 |
21 |
Stock-flow Theory and Real Estate Cycles |
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22 |
Expectations, Information, and "Efficient Markets"
The Issue: Can markets be forecast? |
| 13 |
23 |
The Determinants of Metropolitan Growth (PDF)
1. Export Demand and Industrial Development
2. Birth Rates, Migration and Wages |
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24 |
A Model Analyzing Metropolitan Growth
1. Demand, and Supply Shocks, Real Estate, and the Cost of Living |
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Final Exam |