Essentials of Real Estate Economics, 5th Edition

Product Details

Completely updated and one of the most direct and practical approaches to presenting the factors that cause real estate value to change, McKenzie and Betts have updated the fifth edition while adding graphics and coverage of contemporary topics. This text works well for individuals with little or no background in formal economics, providing current information needed for a successful course in real estate economics for real estate agents, appraisers, and investors. 480pp.

Table of Contents:

• Preface.
• PART 1: Basic Economic Background for Real Estate Analysis.
• 1. Introduction to Real Estate Economics.
• 2. Review of the Economic Principles of Capitalism.
• 3. Government's Role in the Economy.
• 4. Money, Credit, and Real Estate.
• 5. Important Economic Features of Real Estate.
• PART 2: Understanding Real Estate Markets.
• 6. Regional and Community Analysis.
• 7. Community Growth Patterns.
• 8. Neighborhoods: Clusters of Land Use and Value.
• 9. Housing Markets.
• 10. Commercial and Industrial Markets.
• 11. Rural and Recreational Real Estate Markets.
• PART 3: Major Influences on Real Estate Development.
• 12. The Economics of Real Property Taxation.
• 13. Land-Use Controls.
• 14. Real Estate Development.
• 15. Required Government Reports.
• PART 4: Real Estate Investment: The Economics of the Parcel.
• 16. Summary of Real Estate Investment Principles.
• 17. Income Tax Aspects of Investment Real Estate.
• 18. Applied Real Estate Economics.
• 19. Anticipating Change. Answers to Reviewing Your Understanding Questions.
• Index.