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Why is property located where it is and how has this process changed in recent years? A number of factors such as social change and technological development, have affected location and these are considered. Value, the way changing patterns are measured, is examined and there is a discussion of rent contours. The book considers location in the retail industry, looking at the theory, hierarchy, clustering and dispersal. The move to out of town sites, with its three waves of decentralisation, is described. Central place theory, dating from the 1930s, is discounted as being obsolete and misleading. Finally the book covers offices, industrial and residential property.
This book assesses the effects of spatially concentrated programs for housing and neighborhood improvement. These programs provide direct assistance to low-income property owners in an attempt to arrest neighborhood decline and encourage revitalization. The authors used the Harvard Urban Development Simulation Model (HUDS) in evaluating these programs. HUDS, a large-scale computer model, represents the process of housing rehabilitation, the production and consumption of housing services, household moving decisions, and other determinant of neighborhood change. The model simulates the behavior of approximately 80,000 individual households in two hundred residential neighborhoods of various quality levels. Unlike more aggregate models of urban development, HUDS has the capacity to identify how specific housing policies affect individual households as well as particular neighborhoods. Since program evaluations are no better than the models on which they are based, the authors provide sufficient detail to permit those readers primarily interested in the policy analysis to assess the methodology and to understandhow the policies are represented in the model; a more technical discussion of the model is then presented in appendixes. Although the simulations focus on policies that induce central-city property owners to upgrade their properties and thus stimulate revitalization, many of the authors' findings are relevant to larger issues of urban development. For example, the analysis of how housing rehabilitation subsidies affect the investment behavior of nonsubsidized property owners provides insights about the link between initial upgrading and sustained neighborhood improvement. The analysis also demonstrates how differences in location, household, and housing stock characteristics affect a particular neighborhood's responsiveness to a common policy initiative.
If you want to avoid making bad investments in residential real estate, you have to abandon traditional market valuation methods. Their weakness is that they calculate the value of real estate by only selective means rather than over the entire investment cycle. This often leads to incorrect forecasts. With the Dynamic Method, George Salden presents for the first time an instrument that takes the dynamic value development of a property into account and thus creates a better basis for your investment decision-making. Contents: - Overview of valuation and real estate valuation procedures - The dynamic method in detail - The residential property in the capital marketExtra: - Access to the valuation software developed by the author (Testversion)
Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.
Dynamic Analysis of the Urban Economy provides a dynamic analysis of business and residential economic activities in urban areas. This book is organized into four parts encompassing 13 chapters that cover some insights into the dynamic processes of complex urban relationships through construction and analysis of simple dynamic models of the urban economy, as well as the development of the so-called ""dynamic urban economics"" within the framework of general dynamic economics. The Introduction is a preview of the basic ideas about dynamics. This topic is followed by discussion on the theoretical analyses of dynamic urban systems. Part 1 emphasizes the dynamic stability property of spatial equilibrium and its relation to comparative statics. Part 2 considers the effects of various kinds of externalities o n the dynamic property of the urban economy, while Part 3 examines the long-run growth processes of the urban economy and their optimality property. Part 4 looks into the optimal size and configurations of an urban area in connection with agglomeration economies and traffic congestion. This book will be of great value to economic theorists.
A broad general introduction to all essential aspects of logistics and supply chain management, set within the wider business context. The book uses well-developed pedagogy and numerous case studies, guiding the reader through the subject by retaining a strong focus on the application of theory and practical situations.
Selected, peer reviewed papers from the 2012 International Conference on Applied Mechanics and Materials (ICAMM 2012), November 24-25, 2012, Sanya, China
To design and develop capable, dependable, and affordable intelligent systems, their performance must be measurable. Scienti?c methodologies for standardization and benchmarking are crucial for quantitatively evaluating the performance of eme- ing robotic and intelligent systems’ technologies. There is currently no accepted standard for quantitatively measuring the performance of these systems against user-de?ned requirements; and furthermore, there is no consensus on what obj- tive evaluation procedures need to be followed to understand the performance of these systems. The lack of reproducible and repeatable test methods has precluded researchers working towards a common goal from exchanging and communic- ing results, inter-comparing system performance, and leveraging previous work that could otherwise avoid duplication and expedite technology transfer. Currently, this lack of cohesion in the community hinders progress in many domains, such as m- ufacturing, service, healthcare, and security. By providing the research community with access to standardized tools, reference data sets, and open source libraries of solutions, researchers and consumers will be able to evaluate the cost and be- ?ts associated with intelligent systems and associated technologies. In this vein, the edited book volume addresses performance evaluation and metrics for intel- gent systems, in general, while emphasizing the need and solutions for standardized methods. To the knowledge of the editors, there is not a single book on the market that is solely dedicated to the subject of performance evaluation and benchmarking of intelligent systems.
Create income property wealth If you think tycoons are the only ones who can make big money in commercial real estate, think again. In Investing in Income Properties: The Big Six Formula for Achieving Wealth in Real Estate, real estate guru Ken Rosen lays out the fundamentals for building real estate wealth. By adhering to the Big Six, a step-by-step formula that has enabled the author to buy and sell over $500 million in investment real estate since 1975, you can take advantage of real estate opportunities and ensure your financial future. This book explains: What is the BIG SIX formula How to find the right property Using your IRA to invest The romance of leverage Overcoming fear Real estate vs. stocks Getting the money Assembling the team How to convert rentals to condos Infinite returns Types of income properties Upside You make your money in buying Financing options T.N.T When it comes to understanding real estate investment, Investing in Income Properties stands alone for its straightforward approach and easy-to-understand explanations. It is a must-read for both beginners and seasoned pros.