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Real estate economicsPosted on:3/29/2006
| Real estate economics is the application of economic techniques to real estate markets. |
Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of real estate prices, building production, and real estate consumption. The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets. Both draw on partial equilibrium analysis (supply and demand), urban economics, spatial economics, and finance.
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