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The Economics of Commercial Property Markets, by Michael Ball, Colin Lizieri, Bryan MacGregor
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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.
- Sales Rank: #1155592 in Books
- Published on: 1998-10-03
- Released on: 1998-10-01
- Original language: English
- Number of items: 1
- Dimensions: 9.21" h x .95" w x 6.14" l, 1.44 pounds
- Binding: Paperback
- 416 pages
Review
`Good to see an up-to-date text covering property economics. Useful for both 2nd and final year studies - - Phillip Leverton, Glamorgan University
'The book offers a rigorous, coherent and clearly written treatment of its subject area: it is likely to become the standard work in the field.' - John Henneberry, University of Sheffield
'This comprehensive and well-written text provides clear evidence of the progress that European real estate research and education has made in recent years...an excellent reference text for all real estate academics and practitioners.' - Pat Hendershott, Ohio State University
'This book is a timely and welcome addition in that there is nothing comparable in the literature. It is a critical, comprehensive review which covers micro and macro property markets and provides a detailed examination of the financial economics of property. The authors are to be commended for producing such a well-pitched and wide-ranging study.' - Ken Gibb, University of Glasgow
'The authors have done a great service for those who want a comprehensive and readable synthesis of the how and why of the contemporary commercial property market.' - Progress in Human Geography
About the Author
Michael Ball is Professor of Urban Economics, School of Urban Development and Policy, South Bank University, London. Colin Lizieri is at University of Reading. Bryan MacGregor is MacRobert Professor of Land Economy at the University of Aberdeen.
Most helpful customer reviews
1 of 1 people found the following review helpful.
A Proper Understanding of the Market
By Ken Smith
At last, a real estate economics text that links together the finance, economics and planning aspects of the production of space. Most texts are so narrow and stuck in their own subject area. The authors cover demand for commercial space (offices, industrial real estate, shops), investment in real estate and the links to the wider economy. Unlike many US texts, it has a global perspective with a fine chapter on international investment. Well written, well researched, comprehensive references - this is an invaluable resource for professionals and for academics.
0 of 0 people found the following review helpful.
Looks Good ...
By Doug Kindlebury
Check out the review in Journal of Real Estate Literature - very positive. This is a really comprehensive text, international in scope. For here, could do with more US examples, but as an overview of the economics of real estate this is hard to beat. It is much broader than most of the texts you see, not a how-to-do-it manual, but great for understanding WHY the market works.
Doug K, Chicago
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