Book Description

Offers the most comprehensive overview of real estate principles available. Includes all areas taught in undergraduate level courses, plus such additional subjects as secondary mortgage markets, real estate and portfolio theory, and institutional real estate investment. With 125 boxed articles on an array of intriguing topics, from hyperinflation to the disappearance of our great cities, it provides an eclectic view of the many issues that give real estate its distinctive flavor. Updated throughout to reflect changes in the field, this Fourth Edition includes a new chapter on asset management and is flexible enough to be used in both beginning and advanced courses.