The Economics of Commercial Property Markets by Michael Ball (9780415149921)

Description - The Economics of Commercial Property Markets by Michael Ball

Conventional economics has tended to neglect real estate as a significant sector with its own specific economic characteristics. This volume goes beyond the often descriptive nature of much property market analysis to provide a rigorous study of the economics of real estate markets, and focuses on important theoretical principles. The book is divided into three main sections, covering: microeconomics of property markets the macroeconomics of commercial property the financial economics of property Empirical examples drawn from all around the world clearly illustrate the theories and issues discussed. Throughout, the emphasis is on making an often complex area as accessible and readable as possible. This text will be an invaluable resource for students of property economics and related subject areas, as well as for professionals working in the built environment.

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