General Principles of Real Estate Economics

Author: Cao Zhenliang
Publisher:
Publish Date: 2003-06-01
Features: This book studies both housing and land, covering both residential and non-residential real estate as well as other types of real estate. It combines theoretical research with practical applications, examining both the internal functioning of the real estate economy and macro-level regulation. The structure is innovative, with well-defined foundational categories in real estate economics. The book consists of an introduction and 5 parts, 28 chapters. Part I: General Theory. This part focuses on the general, foundational theoretical issues related to housing and land as a coupled system. Part II: Land Real Estate. This part primarily explores issues such as land property rights, land development and utilization, land rent and price, land markets, and land taxation. Part III: Residential Real Estate. Centered on the property rights system of residential real estate, this part aims to achieve Pareto efficiency in the residential economy. It discusses residential systems, residential development and construction, residential industrialization, residential markets, and residential prices in the logic of residential supply and property rights circulation. Part IV: Non-Residential Real Estate. This part first defines the concept of non-residential real estate and then conducts theoretical discussions on it. Part V: Macro-Regulation of Real Estate Economy. This part treats residential, non-residential, and other real estate as an economic whole, examining macro-level regulation in terms of objectives, policy and legal measures, and early warning models.