Urban Economy: Real Estate Economics and Public Policy analyses urban
economic change and public policy in a more practical way than a typical
urban economics book. The book has a distinctive framework that
considers the underlying reasons, and the consequences of urban change
for real estate investors and policy makers.
Part 1 covers the basics of urban economics and real estate markets,
including housing and commercial. Part 2 looks at the reformulation of
urban systems and the reasons why. It then considers the consequences
for real estate markets and investment of decentralisation forces and
emerging technology. The issues that arise for urban public policy are
then discussed, notably transport policies, public finance and
sustainability, before a chapter examining housing neighbourhood and
housing market dynamics and a shift from spatial change to regeneration.
Part 3 reverses the dominant perspective of Part 2 to assess the
effectiveness of how property led policies can positively influence a
local economy and urban regeneration. The chapters consider several
important policy questions and constraints and draw on a number of case
studies that illustrate the benefits and drawbacks.
The book includes chapter objectives, self-assessment questions, chapter
summaries, learning outcomes, case studies, global data and statistics
and is a new textbook for core courses in urban economics and real
estate economics on global Real Estate, Planning and related degree
courses.
