Real Estate Economics Lecture Notes

Author: Zhang Hong
Publisher:
Publish Date: 2004-09-01
Features: This book is written based on the teaching practice of the excellent course at Tsinghua University, specifically designed for professional degree courses for graduate students in real estate and specialized courses for senior undergraduate students. The framework of this book is ingeniously designed, self-contained, and breaks through the traditional textbook writing model. Each chapter is organized according to the lecture flow, divided into lecture content, cases and discussions, reading materials, selected student discussion papers, and reference books, reflecting the research-oriented, open, and interactive characteristics of the course. The content of the book is divided into three parts: Part 1 is the general theory; Part 2 is the microeconomics of the real estate market, focusing on the micro-mechanisms of various classified real estate markets, including residential markets in different locations and price determination, the evolution of urban density characteristics, the determination of profit-maximizing residential development density, the factors influencing the location decisions of commercial and industrial enterprises, their relationship with the living locations of employees, the trends of spatial concentration and decentralization of enterprises, the location decisions of retail enterprises and the spatial connections of families, real estate boom cycles and cycles, and the relationship between international capital flows and the real estate market; Part 3 emphasizes the macro research on the real estate market, focusing on the relationship between urban planning, urban land use and the real estate market, as well as the impact of government policies on the real estate market. This book is primarily intended as a textbook for graduate and undergraduate students in construction management and real estate, but it can also serve as a reference for developers, managers, and researchers in the real estate industry.