Residential Real Estate

Residential Real Estate, 2nd edition 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 areasHousing supply and demandHousing finance and housing as an asset classDemographic shifts and implications for housingSustainable homes and digitalisation in housingDrawing 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. The new edition has been updated with some new data sets, a chapter on climate change implications for housing and content covering emerging topics such as PropTech, and global disruption to real estate markets resulting from housing and health crises, mortgage crises and climate change.