Residential Real Estate introduces readers to the economic fundamentals and emerging issues in housing markets. The book investigates housing market issues within local, regional, national and international contexts in order to provide students with an understanding of the economic principles that underpin residential property markets. Key topics covered include:
- Location choice in urban areas
- Housing supply and demand
- Housing finance and housing as an asset class
- Demographic shifts and implications for housing
- Sustainable homes and digitalisation in housing
Drawing on market-level information, readers are encouraged to recognise the supply and demand drivers and modelling of dynamic housing markets at various spatial scales and the implications of trends within an urban and regional context, e.g. urbanisation, ageing population, migration, digitalisation. With research-based discussions and coverage of relevant literature, this is an ideal textbook for students of residential real estate, property and related business studies courses at UG and PG levels, as well as a reference book with research topics for researchers. This book will also be of interest to professionals and policymakers.
Table of Contents
1. Introduction, 2. Attributes of Housing Markets, 3. Economy, Housing Demand and Supply, 4. House Price: Measures and Estimation, 5. Location Choice in Urban Areas, 6. Housing Tenure, Search and Mobility, 7. Demographic Shifts and Housing, 8. Housing Finance and the Mortgage Market, 9. Residential Real Estate as an Asset Class, 10. Housing with Sustainable, Intelligent Places
Anupam Nanda is Professor of Urban Economics and Real Estate, and Research Division Lead (Real Estate & Planning) at the Henley Business School, University of Reading, UK. Anupam grew up in India, and before joining the University of Reading, he worked with Deloitte & Touche in Mumbai and the National Association of Home Builders (NAHB) in Washington, DC. Anupam has also taught undergraduate Economics and Public Finance at the University of Connecticut, US, from where he obtained his PhD in Economics. Anupam holds professional fellowships of FRSA (Fellow of the Royal Society of Arts), FRGS (Fellow of the Royal Geographical Society), FRSS (Fellow of the Royal Statistical Society) and FHEA (Fellow of the Higher Education Academy, UK). His academic papers have been published in leading journals including Journal of Urban Economics, Regional Studies, Energy Economics, Energy Policy, Review of International Economics, Real Estate Economics and Applied Linguistics.