ECON5330 Real Estate Economics and Public Policy

6 Units of Credit

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The theory of urban land and housing markets, and the spatial development of cities. The roles played by transportation systems and local governments in shaping urban location patterns. Interregional competition, economic development, and the migration of labour and capital. Also looks at the inter-relationship between property and business cycles and effects of macro-economic policy. The course will provide an historical context for these issues, including for example the major property boom and bust of the 2000s.