Real Estate Economics (Second Edition)

Author: Lin Zengjie et al.
Publisher:
Publish Date: 2003-05-05
Features: The main feature of this book is the application of basic economic theories to analyze economic theoretical issues in the special field of real estate from both macro and micro perspectives, emphasizing the connection between theory and practice. For example, it applies the general theory of economic cycles to study the characteristics of real estate economic cycle fluctuations in conjunction with the operational patterns of real estate; uses Marxist economic theory and Western economic theory to study theories of land rent and land price; employs general property rights economic theory to study real estate systems and their property rights structures; applies general market economy theory to research the operational patterns of real estate markets; and utilizes the principles of national income distribution to examine the characteristics of real estate taxation. In addition, the book places importance on studying relevant experiences from foreign and Hong Kong/Taiwan regions, integrating China's national conditions to research China's real estate financing and taxation systems. The book is divided into nine chapters. Chapter 1 is the introduction, serving as a general overview that primarily introduces relevant concepts, the research objectives, scope, and content of real estate economics, as well as different research perspectives. Chapters 2, 3, and 4 focus on introducing theories of land rent and land price, real estate markets, as well as classified real estate markets and their operational patterns. Chapters 5, 6, 7, and 8 primarily study real estate systems and their operational patterns, including theories of real estate property rights and other fundamental economic issues in real estate. The book also covers the supply and demand laws of real estate markets, financing methods and models for real estate, as well as the taxation systems and mechanisms of real estate.