15.021J / 11.433J Real Estate Economics, Spring 2004
Author(s)Wheaton, William C., 1944-
Real Estate Economics
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This course, offered by the MIT Center for Real Estate, focuses on developing an understanding of the macroeconomic factors that shape and influence markets for real property. We will develop the theory of land markets and locational choice. The material covered includes studies of changing economic activities, demographic trends, transportation and local government behavior as they affect real estate.
real estate, property, macroeconomic factors, supply and demand, market cycles, land markets, demographic trends, transportation, government regulation, real estate market, demographic analysis, regional growth, residential construction, new home building, commercial construction, retail stores, urban location theory, predicting demand, modeling techniques, urban economics, land use, urban growth, residential development, gentrification, zoning, property taxes, neighborhood effects, 15.021J, 11.433J, 15.021, 11.433