Markets & institutions in real estate & construction

Description

"The book explains why the real estate and construction industries are organised in the ways they are. It then relates those characteristics to long-term market behaviour. Part I covers market dynamics - supply and demand; the interaction of property development and construction. Part II examines institutions and market structures."--BOOK JACKET. Content: Prologue -- An introduction to the analysis of markets and institutions in real estate and construction -- House price cycles : evidence from recent European experience -- Improving housing markets -- Restructuring housing provision in Central and Eastern Europe -- International comparisons of estate agency/real estate brokerage services -- Spatial reach in commercial and residential real estate brokerage -- Financial services, mortgage markets, and real estate brokerage : an international survey -- International differences in the housebuilding industry -- The influence of size economies and planning regulations on the housebuilding industry -- Construction and real estate professions and practices -- The distinctiveness of large construction firms -- Multi-agent governance in property-led urban regeneration. Abstract: The book explains why the real estate and construction industries are organised in the ways they are and then relates those characteristics to long-term market behaviour. It covers market dynamics - supply and demand; the interaction of property development and construction - and examines institutions and market structures. Read more...