Urban sustainability has become a political and social agenda of global significance, of which real estate is an integral dimension. Sustainable urban development includes much more than 'green building' standards, yet in practice, other aspects such land use plans and locations are often overlooked. This book demonstrates that the issue of sustainable development stretches far beyond the hitherto dominating agenda based on 'green' (i.e. environmentally and ecologically sustainable) buildings. In doing so, it presents a novel framework based on the concept of economic sustainability of real estate locations, drawing connections with the global financial crisis and housing price bubble discourse. It argues for the need to better integrate social, cultural and economic dimensions into the real estate sustainability agenda. It also explores the role of location, and especially the image aspect therein. Trends in consumer choice are important to the way these dimensions are appreciated in decisions about investment, development, valuation and other activities of the production, consumption and governance of the built environment. This book will be of interest to private and public sector practitioners of real estate valuation as well as scholars of urban studies, geography, economics, urban planning and environmental studies.

During the recession in the years 2008-2009, the most severe for mature economies in the post-war period, housing markets were often mentioned as having a special responsibility. The objective of this book is to shed light on the cyclical behaviour of the housing markets, its fundamental determinants in terms of supply and demand characteristics, and its relationship with the overall business cycle. The co-movements of house prices across countries are also considered, as well as the channel of transmission of house price changes to the rest of the economy. Particular attention is paid to the effects on private consumption, through possible wealth effects. The book is a compilation of original papers produced by economists and researchers from the four main national central banks in the euro area, also with the participation of leading academics.

Against a century-long trend of decline, the private rented sector grew significantly during the 1990s. This book explores why and looks at the consequences for tenants and landlords, as well as the wider implications for housing policy. Written by legal and policy experts, the book brings together, for the first time in over a decade, leading-edge research on the newly deregulated private rented sector. It provides background information about the recent history and development of the private rented sector and explores the changing nature of the sector. The book will be invaluable reading for law, public policy, housing and social policy students. Housing practitioners and policy makers will also find it a stimulating read.

This in-depth case study evaluates the recent evolution of the Italian real estate market, which has lately been subject to two interlocking phenomena: a serious devaluation of physical assets and, at the same time, a deep legislative innovation of the vehicles investing in this asset class. The novelty of the legal framework of some of the Italian real estate investment vehicles and the recent developments in the market make this detailed analysis a fascinating addition to the literature. The book starts with an analysis of the Italian real estate sector, covering the evolution and performance in light of the economic crisis and the most recent legislative innovations. Italian real estate investment vehicles are then compared with a broader European perspective. Each Italian investment vehicle (real estate investment funds, real estate fixed capital investment companies and real estate investment trusts) is then analysed in both legal and financial details, providing insights into management structure, the rights and powers of investors, the typical investment process and the related costs. The different management models are then compared in order to assess their advantages and disadvantages, especially for institutional investors. The performance measurement of Italian closed-end alternative investment funds and the phenomenon of discount to net asset value for listed real estate investment funds are then subject to a theoretical and empirical examination.

Aspects of Housing Law provides a comprehensive, up-to-date and readable account of what is often regarded as a complex and technical area of the law. It is essential reading for students of housing law and those taking courses in housing studies. With comprehensive coverage of all areas covered in an undergraduate course on housing, this concise and clear text covers: homelessness owner-occupation regulation of rents repairs and disrepair succession to tenancies private rented sector social housing anti-social behaviour.

Written from a practical standpoint, this new edition of the Stamp Duty Land Tax Handbook details how the updated legislation works in common practice. The book's examples and case studies will be highly useful to surveyors, valuers and anyone needs to be kept up to date with the application of tax duty on Land. Unlike most other books in this area, the Handbook is based on practical experience of the work of surveyors applying the latest legislation in making valuations. The authors explain the potential pitfalls and use examples of calculations of the amounts on which tax is payable. Complex areas like administration and enforcement are clarified and explained. The Handbook will help surveyors and property professionals provide crucial support to their invididual and corporate clients.

The importance of property as an investment medium continues to grow. Investors in property or those involved with the provision of expert advice to investors have had to improve the effectiveness and efficiency of their decision making. The aim of this book is to lay down the theoretical foundations of investment decision making, incorporating the techniques and procedures of modern management science, so that particular decisions regarding property investment can be made efficiently and rationally.

Property is more diverse than is usually assumed. Developing the concept of property diversity, this book explores the varied role of property in placed human landscapes. In acknowledging the propertied diversity about us, the book highlights the paucity of our settled contemporary assumptions of property as defined by private ownership. Challenging this universalizing model, the book analyses how this self-limiting view produces critical blind spots in modern property discourse. In response, it offers a re-conceptualization of property that matches the grounded reality of our rich and diverse relationships with land. Integrating the plurality of real property types (private, public and common) with inclusive understandings of both interest and ownership, it thus identifies and substantiates an overarching theory of property diversity. Drawing on studies from numerous jurisdictions, including the USA, New Zealand, Australia, and the UK, its analysis of property as something more - and indeed other - than a place-less abstraction provides an invaluable contribution to the contemporary law and theory of property.

Dolf de Roos's "Commercial Real Estate Investing" reveals all the differences between residential and commercial investing and shows you how to make a bundle. De Roos explores the different sectors--retail, office space, industrial, hospitality, or specialist--to help you discover which is right for you. He shares key insights on finding tenants and avoiding vacancies, financing large investments, managing property, setting a tax-smart corporate structure, and take full advantage of tax breaks.

Singapore's Real Estate: 50 Years of Transformation documents the transformation and development of the real estate market in Singapore over the past 50 years. This volume is organised around two major themes, and covers issues from the 'bricks and mortar' to the capital markets; and from local to international real estate markets. The themes aptly describe how real estate has played an important role in the economic development and growth of Singapore from a third world to a first world country. Written by well-renowned experts with deep academic and practical knowledge of the progress of real estate in Singapore, this book highlights the uniqueness of real estate markets and institutions in Singapore, which have constantly been replicated and adopted in other markets.

Singapore's Real Estate: 50 Years of Transformation documents the transformation and development of the real estate market in Singapore over the past 50 years. This volume is organised around two major themes, and covers issues from the 'bricks and mortar' to the capital markets; and from local to international real estate markets. The themes aptly describe how real estate has played an important role in the economic development and growth of Singapore from a third world to a first world country. Written by well-renowned experts with deep academic and practical knowledge of the progress of real estate in Singapore, this book highlights the uniqueness of real estate markets and institutions in Singapore, which have constantly been replicated and adopted in other markets.

Written by three surveyors, each with extensive experience in the sector, Dilapidations and Service Charge Disputes will guide practitioners through the common and new practices involved in dealing with disputes on dilapidations and service charge matters. The book offers practical guidance on the related topics of dilapidations and service charge disputes, bridging the gap between heavy-weight legally focussed case law publications and the lighter weight guidance notes. It offers practical and theoretical advice that will be invaluable to any surveyor or solicitor dealing with: condition reports prior to a lease agreement litigation avoidance advice dilapidations law and precedent. Beneficial to surveyors and solicitors acting on behalf of tenants or landlords, this book provides the information and practical advice that can help you improve in your role.

'Wayleave' is an archaic term from the nineteenth century defined as 'a privilege enabling a person to cross another person's land with infrastructure and with goods and chattels'. It has been applied to electricity rights because of the need to string electricity lines across land. Electricity is such a fundamental part of life that its supply is often taken for granted. In reality, the rights for electricity lines are arguably the weakest of all utilities, with the vast majority covered by wayleaves. Privatisation in the 1990s provided the opportunity to bolster wayleave rights, but it only led to a tinkering through primary legislation. The acceleration of telecommunications over the past twenty years has confused issues, with operators installing masts and adding apparatus to electricity lines. A large proportion of wayleaves are dealt with at local level, with little consistency. Coupled to this is the public concern that electricity lines have potentially serious health effects that continue to attract research and media interest. This book has been written for those involved in, or advising on, the use and development of land for transmission and distribution lines. As most people have only brief encounters with the electricity infrastructure, this guide will help to avoid the fear of the unknown. By setting out the main principles and procedures used and the relevant primary and secondary legislation in a clear and easy-to-follow way it will enable lawyers, surveyors, planners, architects, engineers and accountants to discuss the relevant issues with confidence.

California was at the epicentre of the collapse of the real estate market in 2008, which had a devastating effect on the world economy. Taking this diverse and powerful state as a case study, this book presents a financial history of the property business, from the time Spanish Missions were established to the Great Recession. Financing California Real Estate provides the history of expansions and contractions in the real estate market, and describes factors in the state and nation which may have triggered changes in the direction of growth in real estate lending. It explores how financial institutions which provided funding for building and buying homes changed over time, from the establishment of Spanish Missions in 1769, to the Gold Rush, to rail transportation, all the way through to the real estate bubble that peaked in 2005. Using detailed information on financial institutions to explain the changing nature of the real estate market, this book ultimately suggests an alternative theory for what led to the Great Recession. This book will be of interest to researchers working in the area of real estate cycles in the economy, historians interested in the economy of California, and financial historians.

What do you want for yourself in the next five, ten years? Do your plans involve marriage, kids, a new job? These are the questions a real estate agent might ask in an attempt to unearth information they can employ to complete a sale, which as Upsold shows, often results in upselling. In this book, sociologist Max Besbris shows how agents successfully upsell, inducing buyers to spend more than their initially stated price ceilings. His research reveals how face-to-face interactions influence buyers' ideas about which neighborhoods are desirable and which are less-worthy investments and how these preferences ultimately contribute to neighborhood inequality. Stratification defines cities in the contemporary United States. In an era marked by increasing income segregation, one of the main sources of this inequality is housing prices. A crucial part of wealth inequality, housing prices are also directly linked to the uneven distribution of resources across neighborhoods and to racial and ethnic segregation. Upsold shows how the interactions between real estate agents and buyers make or break neighborhood reputations and construct neighborhoods by price. Employing revealing ethnographic and quantitative housing data, Besbris outlines precisely how social influences come together during the sales process. In Upsold, we get a deep dive into the role that the interactions with sales agents play in buyers' decision-making and how neighborhoods are differentiated, valorized, and deemed to be worthy of a certain price.

Tuten shows how the Jewish National Fund (JNF) proved to be flexible in its fundraising to obtain its land-purchase objectives during the Second World War. He provides a detailed examination of the Jewish National Fund's internal development and analyses the relationship between JNF's finances and land purchase priorities. A valuable addition to recent re-evaluations of Israeli history and institutions, this book will be of interest to those researching Palestinian history, Jewish and Israeli history and the history of the modern Middle East.

The Technology of Building Defects has been developed to provide a unique review of the subject. Defects are considered as part of the whole building rather than in isolation. General educational objectives are set out which offer the reader the opportunity of self-assessment. Each section is generously illustrated with photographs and diagrams, forming an accessible self contained review covering the following: objectives; core information; exercises; revision notes; further reading. Taken together these sections build up to offer the reader an understanding of a range of technical topics concerned with building defects. This core text can be used for direct lecture material, seminar and tutorial information, assignment work and revision notes. It is a convenient one stop resource which dispenses with the need to consult a mass of different information sources.

In Britain in the 1990s households containing almost 1.4 million adults and children had their mortgaged home possessed. A far greater number experienced serious mortgage arrears but managed to avoid possession. The emergence of such levels of unsustainable home ownership has consequences for many areas of social and public policy, including: the economy; public health; social security reform; and family policy. This book argues that the emergence of unsustainable owner-occupation is emblematic of broader changes in contemporary society associated with the emergence of what commentators such as Beck and Giddens have characterised as a 'risk society'. Home ownership in a risk society: provides the first systematic overview of the meaning and implications of a body of research work that has hitherto remained largely fragmented; argues that the particular conjunction of events which generated the short-term housing crisis of the early 1990s masked a series of more enduring structural changes which have resulted in unsustainable home ownership becoming a more permanent part of the British socio-economic landscape; uses a wide range of methodological strategies - including in-depth qualitative interviews with adults and children, survey analysis, and the multivariate statistical analysis of large-scale data sets; paints a rich and detailed empirical picture of the causes, socio-economic distribution and social consequences of mortgage arrears and possessions. This broad-ranging book is aimed at students, researchers, policy makers and practitioners with an interest in social policy, sociology, human geography, urban studies, housing studies, public health, economics and finance.

First published in 1996. Routledge is an imprint of Taylor & Francis, an informa company.

Since its first publication in 1975, John Murdoch's Law of Estate Agency has been the leading work on this important subject. This new fifth edition offers authoritative guidance on all recent legal developments, both legislative and in the courts, of concern to practising estate agents. Judicial decisions on such matters as commission claims and liability for misdescription are of great concern to practitioners, as is the increasing tendency of clients to defend an action for fees by claiming that the agent's terms of business contravene consumer protection rules inspired by the EU. These developments, and many more, are given expert coverage.

The credit crunch has highlighted the fact that fully understanding property appraisal and valuation is more critical than ever. With a long and reliable history, this new seventh edition covers all the major aspects of valuing various types of investment property. Fully updated and revised, this edition tackles the problems of inflation and growth, the equated rent principle and the special problems of short leaseholds, reversionary investments and taxation implications. Separate sections are devoted to investment appraisal, risk, investment strategy and computer and statistical aids.

Valuation and Sale of Residential Property is aimed at all those studying for a qualification or already practising as residential valuers, surveyors and estate agents. It provides valuable information on all elements of the home sales process, enabling professionals to give advice on market value, the best means for sale, condition and financial arrangements. Topics covered include: determinants of value and provision of the valuation agency, auction and taking instructions mortgage valuation and survey legal process and types of tenure investment and return. The author considers these topics against a background of wide legislative change and draws on the standard guidelines set down by the RICS and NAEA. This third edition, written at a time of rapid change in the home-selling market, details the processes and procedures for dealing with this ever-evolving market. Whatever your level of seniority, this book will help you stay ahead of the game and present sound advice to clients at any stage of the process.

The Glossary of Property Terms has helped define the property industry since its first publication in 1989. This second edition remains the glossary for all in the landed professions and related endeavours. It has been expanded to include recent additions to the property vocabulary and existing terms have been revised and amended where necessary to reflect correct common useage. This highly practical guide contains some 3,200 terms and definitions as well as nearly 760 abbreviations. This fully updated edition reveals the meanings and nuances of many terms recently introduced into the vocabulary of property. In addition, terms which have a more historic significance have been retained, but amended as appropriate. A must have book for property professionals and students alike.

This text provides an overview of the interdisciplinary nature of facilities management. It discusses the framework within which facilites managers should operate and the key requirements of their task.

This book is an introduction to Microsoft Excel (TM) concentrating on the program's unique application to the work of surveyors. Useful operations such as the creation of valuation tables and automation of conventional valuations are explained with the aid of step by step examples and screen-shots. The setting up of discounted cash flow problems and development appraisals are given special attention, and specific problems posed by over-rented property and leaseholds are also considered, additionally the book includes examples of database and chart functions useful to management and agency surveyors