ABSTRACT

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.

chapter |9 pages

Introduction

part |124 pages

Microeconomics and Commercial Property

part |118 pages

Macroeconomics and the Property Market

part |104 pages

Financial Economics and Commercial Property