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Completely updaetd and one of the most direct and practical approaches to presenting the factors that cause real estate value to change. McKenzie and Betts have updated the fourth edition while adding graphics and coverage of contemporary topics. This text works well for individuals with little or no background in formal economics providing current information needed for a successful course in real estate economics for real estate agents, appraisers, and investors.
Preface, Part 1: Basic Economic Background for Real Estate Analysis, Chapter 1. Introduction to Real Estate Economics, Chapter 2. Review of the Economic Principles of Capitalism, Chapter 3. Government's Role in the Economy, Chapter 4. Money, Credit, and Real Estate, Chapter 5. Important Economic Features of Real Estate, Part 2: Understanding Real Estate Markets, Chapter 6. Regional and Community Analysis, Chapter 7. Community Growth Patterns, Chapter 8. Neighborhoods: Clusters of Land Use and Value, Chapter 9. Housing Markets, Chapter 10. Commercial and Industrial Markets, Chapter 11. Rural and Recreational Real Estate Markets, Part 3: Major Influences on Real Estate Development, Chapter 12. The Economics of Real Property Taxation, Chapter 13. Land-Use Controls, Chapter 14. Real Estate Development, Chapter 15. Required Government Reports, Part 4: Real Estate Investment: The Economics of the Parcel, Chapter 16. Summary of Real Estate Investment Principles, Chapter 17. Income Tax Aspects of Investment Real Estate, Chapter 18. Applied Real Estate Economics, Chapter 19. Anticipating Change, Answer to Reviewing Your Understanding Questions, Index.