There is a large shortage of affordable housing across Europe. In high-demand urban areas housing shortages lead to unaffordable prices for many target groups. This book explores innovations to support a sufficient supply of affordable and sustainable rental housing. Affordable housing is increasingly developed, financed and managed by a mix of market, state, third sector and community actors. Recent decades in large parts of the Western world have consecutively shown state-dominated, non-profit housing sectors, an increased role for market forces and the private sector, and the rise of initiatives by citizens and local communities. The variety of hybrid governance and finance arrangements is predicted to increase further, leading to new affordable housing delivery and management models. This book explores these innovations, with a focus on developments across Europe, and comparative chapters from the USA and Australia. The book presents new thinking in collaborative housing, co-production and accompanying finance mechanisms in order to support the quantity and the quality of affordable rental housing. Combining academic robustness with practical relevance, chapters are written by renowned housing researchers in collaboration with practitioners from the housing sector. The book not only presents, compares and contrasts affordable housing solutions, but also explores the transferability of innovations to other countries. The book is essential reading for researchers and professionals in housing, social policy, urban planning and finance.

Probably the most famous book ever written on making money in real estate. William Nickerson and his book HOW I TURNED $1,000 INTO ONE MILLION IN REAL ESTATE IN MY SPARE TIME has probably created more millionaires than any other book in investing history. It simply is a masterpiece of common sense advice.

This book discusses the role of the property market cycle in real estate valuation. Challenging traditional property valuation methods that rely on current market conditions and economic trends, this book argues for a re-evaluation of the relationship between property valuation and cycles in property markets. The book is divided into two parts. The first part gathers research on property market cycle analysis and the delicate problems dealing with property market information including the development of the real estate market index, appraisal bias, and the use of time series in plotting the market cycle. The second part proposes several possible modifications to the traditional income approach methodologies, including cyclical capitalization and the hedonic price method. Furthermore, this part also addresses the need for amendments to current s property valuation standards and institutional regulations. Written by an international cross-section of expert voices in market cycles and property valuation, the book is a comprehensive resource for any researcher or upper-level student studying economic volatility.

This book provides an overview of the basic concepts of quality, indoor lighting, and explains concepts like visual comfort, visual interest, and integrated design as they relate to the practice of lighting design. Energy-efficient lighting technologies, including LED lighting and digital control systems, and design strategies that increase visual comfort and productivity are discussed in plain language, and examined in a straightforward way to give the reader, whether an architect, interior designer, engineer, building trades professional, or student a broad understanding of the art and science of energy-efficient quality lighting.

This book examines the role of the evaluation models in decision-making processes for the construction of circular cities in the digital revolution. In particular, the book explores the need for a rethinking of development models proposed by the circular economy which requires the valorization of natural, social and economic capital. Urban environment represents a crucial field of analysis in which applying the circular-economy principles in order to steer a course towards a sustainable economy characterized by processes meant to create value instead of extracting it, which put a step forward in the pathway towards a better future in terms of economic, environmental and social effects and desirable outcomes. In this context, the design of urban regeneration processes and housing environments requires the adoption of inclusive analysis/assessment models combined with the structuring and organization of public/private investments that can contribute to creating positive natural and social impacts as well as economic and financial returns. This fundamental paradigm shift is accentuated in the current context, in which the digital revolution is reinventing the future and calls for a rethinking and reformulation of value systems in the era of technological process innovations, while respecting economic, natural and social ecosystems.

The Real Estate Game is a comprehensive guide to successful real estate investment from one of the masters in the field. Drawing upon four decades of experience developing, owning, and managing properties and on almost thirty years of teaching at the Harvard Business School, William J. Poorvu offers an insider's perspective on how to make smart decisions about real estate.

The real estate "game" is played by people, and it's the stories of real people that make Poorvu's introduction to the industry colorful and interesting. The reader meets players ranging from real estate moguls to small-scale developers to individual investors in exotic investment instruments. Their stories evolve throughout the book and illustrate how these people -- with all their complicated needs, talents, and motives -- fit into the larger process and context.

In clear and nontechnical language, Poorvu explains how variables -- players, properties, capital markets, and the external environment -- come together to influence the shape and outcome of a real estate deal. He explains the time frame for different kinds of real estate investments and walks the reader through the key "periods of play" in the real estate game: concept, commitment, development, operation, reward, and reinvestment.

The Real Estate Game introduces a simple but powerful "back-of-the-envelope" technique for analyzing the financial implications of a potential deal. Using this tool and others, Poorvu shows readers how to use direct investments, syndicates, and REITs to get into the real estate game across a broad range of property types: residential, office, hotel, industrial, and retail.

Offering unique insight into the ways that developers and investors can create value, The Real Estate Game is both a perfect introduction for the novice and an invaluable overview for the experienced professional.

This book is the first to evaluate the organisation, behaviour and performance of six major East Asian real estate markets. It offers a unique analysis of the growth and transformation of the real estate sector across East Asia. The authors examine the interactions between volatility in the sector and the overall stability of the economy, in particular during the Asia financial crisis of 1997-98, and the global financial crisis of 2008-09. * draws on the best available theoretical and empirical literature * applies analytic tools in the context of East Asian institutions and policies * helps understand factors affecting resilience and stability in East Asian real estate markets.

Understanding Investments is the ultimate guide for Australians looking to take control of their finances.

This new edition has been thoroughly updated for the modern investor, and includes essential information that will help you: decipher the jargonchoose an investment strategywork with a financial adviserstructure and diversify your portfolioavoid costly tax pitfalls.

Covering investments ranging from shares, CFDs and managed funds through to options, property, collectables and much more, "Understanding Investments" provides you with the tools you need to make a profit in all types of markets. Whether you're just starting your investment journey or you're a seasoned investor wanting to learn more, this user-friendly guide contains the most up-to-date information to help you make the most from your money.

China's economy has been transforming rapidly over the last 25 years. As a result, Chinese conurbations have changed remarkably, with cities expanding both vertically and horizontally, and the physical environment acting as a medium for unprecedented urbanization. This has provided vast opportunities for investors, real estate developers, and service companies, but also presents huge challenges-as traditional city spaces have been reconfigured, environmental risks and the volatility of real estate markets increased. However, as engagement with China is becoming strategically important for many, forming a synthesized lens through which to read China across the vicissitudes of its real estate sector bears historic significance. By offering an insightful framework and structure for understanding China's variegated real estate dynamics, players, and markets, Understanding China's Real Estate Markets codifies the principles and practices of real estate development, finance, and investment in China and builds foundations for future academic research and practical knowledge in shaping and engaging the urban environment within China and beyond.

The twelfth edition of this essential valuation textbook reflects the changes in the regulatory and statutory framework for property valuations that have occurred since 2013, as well as presenting the tried and tested principles and practices of real estate valuation. The twelfth edition is up to date as of June 2018 with the latest regulations, statutes and case law, including the RICS Valuation - Global Standards 2017. Its comprehensive coverage of the legal, economic and technical aspects of valuation make this book a core text for most university and college real estate programmes, and it provides students and practitioners with current and relevant guidance on the preparation of valuations for statutory purposes. Throughout the text, the author team of experienced valuers presents examples of the application of these principles to the everyday problems met in practice. This new edition continues to be of excellent value to both students and practitioners alike as it provides the reader with a clear understanding of the methods and techniques of valuation.

The ultimate guide to investing in property...and making a million

Everyone's looking to get rich, and a lot of those people are looking at investing in property as the way to get there. But watch out--making money in real estate isn't always as easy as it might look. At least, not without "Your Property Success with Renovation" in hand, that is. Written by Jane Slack-Smith, a true investment guru who's put together her own multi-million dollar property portfolio, this is the ultimate guide to making the housing market work for you.

Loaded with no-nonsense advice to help you avoid the traps that so many would-be real estate investors fall into, "Your Property Success with Renovation" introduces a unique three-pronged, low-risk investing strategy. Rather than focusing on fast money, the book encourages a low-risk plan--find an area with above average capital growth, buy below market value, and build value through renovation--that will help you build a strong, profitable real estate portfolio.Introduces "The Trident," a new way of approaching investing in real estate that focuses on low-risks and high rewards, not fast moneyWritten by real estate portfolio expert Jane Slack-Smith, who transformed an initial investment of $45k into a multi-million dollar fortune using the techniques outlined in this bookShows you how to get the most out of the real estate market by emphasizing the value of property renovation

With just two investment properties and one renovation the average Australian can put a million dollars in the bank within fifteen years, and mortgage broker Jane Slack-Smith is here to show you how.

Breaking the country-specific boundaries of traditional housing policy books, Remaking Housing Policy is the first introductory housing policy textbook designed to be used by students all around the world. Starting from first principles, readers are guided through the objectives behind government housing policy interventions, the tools and mechanisms deployed and the outcomes of the policy decisions. A range of international case studies from Europe, Asia, Africa and the Americas illustrate the book's general principles and demonstrate how different regimes influence policy. The rise of the neo-classical discourse of market primacy in housing has left many countries with an inappropriate mix of state and market processes with major interventions that do not achieve what they were intended to do. Remaking Housing Policy goes back to basics to show what works and what doesn't and how policy can be improved for the future. Remaking Housing Policy provides readers with a comprehensive introduction to the objectives and mechanisms of social housing. This innovative international textbook will be suitable for academics, housing students and those on related courses across geography, planning, property and urban studies.

This book deals with important issues related to urban housing in South Asia. It analyses various aspects of housing, including spatial and temporal requirements and needs, as well as the challenges of implementing housing projects, such as financial feasibility of estate development projects and housing design. Finally, it discusses the socio-economic and environmental impacts of the rapid urban housing development in South Asia. Written by experts from various disciplines, the book presents several case studies that address issues such as housing provision; legislative, financial and technical support; access to employment opportunities and markets; the cumulative impact on gentrification; exclusion and spatial equity; and the economic, social and environmental sustainability of urban tissue. Researchers, housing planners, and policy makers will find this book a valuable resource in meeting the demand for affordable and sustainable housing and overcoming housing shortages in developing countries

Breaking the country-specific boundaries of traditional housing policy books, Remaking Housing Policy is the first introductory housing policy textbook designed to be used by students all around the world. Starting from first principles, readers are guided through the objectives behind government housing policy interventions, the tools and mechanisms deployed and the outcomes of the policy decisions. A range of international case studies from Europe, Asia, Africa and the Americas illustrate the book's general principles and demonstrate how different regimes influence policy. The rise of the neo-classical discourse of market primacy in housing has left many countries with an inappropriate mix of state and market processes with major interventions that do not achieve what they were intended to do. Remaking Housing Policy goes back to basics to show what works and what doesn't and how policy can be improved for the future. Remaking Housing Policy provides readers with a comprehensive introduction to the objectives and mechanisms of social housing. This innovative international textbook will be suitable for academics, housing students and those on related courses across geography, planning, property and urban studies.

Exploring the increasingly common problem of workers -- such as teachers, firefighters, retail managers, and nurses -- who cannot find affordable housing in the communities where they work, this book includes case studies and examples of financially feasible, for profit developments. It also offers a tool kit of policies that can be employed by communities that would like to encourage the development of workforce housing.

Find Success in the Real Estate Market "Tracy has nailed all the critical check-offs for successful buying or selling. It's a game changer for our industry." -Mauricio Umansky, founder/CEO of The Agency #1 Bestseller in Moving & Relocation Top residential real estate agent Tracy McLaughlin reveals how buyers and sellers can get the best price possible-by understanding how the real estate market really works. Buying and selling houses. Because most people only enter the real estate market once a decade or less, few really know how it works. The housing market elicits a lot of emotions, from excitement to anxiety. Oftentimes, this blinds us to the realities of how the market actually works. Tracy McLaughlin is here to help. From those buying their first home to sellers with some experience, this book is packed with essential advice. A roadmap for buyers and sellers. In nearly all real estate sales, buyers and sellers leave behind thousands or even hundreds of thousands to millions of dollars on the table. As frightening as this reality is, it continually happens because one simple decision, among the countless made during the entire process, can greatly impact the outcome of the transaction. Bridging the gap between information and expertise. Buyers and sellers have greater access to information and even the ability to direct the sales process, but most people still lack a key aspect: expertise. By presenting an inside view on sales, McLaughlin provides a guide for optimizing the sale and purchase of homes. Inside find: Detailed guidelines for how to save money and make money Advice for finding the right real estate agent The real estate for dummies book every home buyer or seller needs If you've looked for guidance in books such as Dream Home, Nolo's Essential Guide to Buying Your First Home, or Home Buying Kit For Dummies, then you'll find more of what you're looking for in Real Estate Rescue by Tracy McLaughlin.

International Valuation Standards: a guide to the valuation of real property assets is an essential road map to using the new International Valuation Standards in everyday practice for real estate assets, explains their content, application and operation. It shows how to value assets including property, plant and equipment and is written in an explanatory style using commonly understood business English with as little jargon as possible. It takes a thematic format, focusing on the application of IVSs to investment property and owner-occupied property with the author addressing valuation instruction, operation and reporting under IVSs.

This book takes a behavioural approach to examine six important housing questions: tenure decision, gentrification, place attachment, housing bubbles, housing wealth, and residential satisfaction. Using experimental and field data, the book demonstrates the effects of six behavioural biases and heuristics (i.e., anchoring and reference dependence, loss aversion, mental accounting, endowment effect, herd behaviours, and social comparison) on these housing decisions. The first part of the book introduces the questions and provides a behavioural science toolbox before the second part adopts a real-world case study approach. Real data sets and suggested answers are provided, and the cases come from the UK, USA, and China. Background information is given in each case to facilitate the understanding of the case data and question, as well as the discussions on the results. This book is ideal supplementary reading on a variety of courses such as housing studies, economics, real estate, research methods, and for students and academics who are interested in the application of behavioural science in housing decisions.

Evolving Public Space In South Africa discusses the transformation of public space highlighted in the country. Drawing on examples from major cities, the author demonstrates that these spaces are not only becoming wasted space, but are also adapting and evolving to accommodate new users and uses in various parts of the city.

This process of evolution tends to challenge the more traditional visions and general global views of declining public space in cities and argues that it rather resembles the resilience of these spaces and the potential for regeneration through continuously emerging and mutating forms, functions and meanings.

Including over 20 black-and-white images, this book would be beneficial to academics and students of urban planning and design and those interested in the regeneration of cities.

Proven private equity real estate investing strategies

The subprime fallout and credit crisis have triggered a major transition in U.S. real estate. With tightening lending and underwriting standards, speculative investments and construction projects are likely to limited, resulting in constrained supply and healthier fundamentals over the long term. Looking forward, market participants anticipate that the coming years will be fraught with challenges as well as opportunities.

"Active Private Equity Real Estate Strategy" is a collection of abridged market analyses, forecasts, and strategy papers from the ING Clarion Partners' Research & Investment Strategy (RIS) group. Divided into two comprehensive parts, this practical guide provides you with an informative overview of real estate markets, forecasts, and recent trends in part one, and presents specific active strategies in private equity real estate investing in part two.Includes a simulation of the economy in recession and the expected effects on the commercial real estate industryOffers examples of portfolio analysis and recommendations using ING Clarion's forecasts and Modern Portfolio TheoryFocuses on multifamily, hotel, land, and industrial investmentsDemonstrates the use of the various tools available to the private equity real estate investor

Written with both the individual and institutional real estate investor in mind, this book offers specific private equity strategies for investing in real estate during volatile times.

Dieses renommierte Grundlagenlehrbuch macht auf anschauliche Weise mit dem gesamten Lebenszyklus einer Immobilie vertraut. Fundiert vermittelt es Studierenden und Lehrenden die fur das stark expandierende Fachgebiet notwendigen oekonomischen, juristischen und steuerlichen Kenntnisse. Es eignet sich auch bestens als Nachschlagewerk fur Dozenten sowie fur Fach- und Fuhrungskrafte in immobilienwirtschaftlichen Unternehmen. Die 10. Auflage wurde im Zuge der Baurechtsnovelle uberarbeitet und aktualisiert. Die umfassenden AEnderungen im Baurecht, die mit dem Gesetz zur Reform des Bauvertragsrechts und zur AEnderung der kaufrechtlichen Mangelhaftung Anfang 2018 in Kraft getreten sind, wurden vollstandig berucksichtigt. Auch die veranderten Regelungen aus dem Gesetz zur Modernisierung des Rechts der Umweltvertraglichkeitsprufung vom Juli 2017 sind eingeflossen sowie die Aktualisierungen in der Baunutzungsverordnung. Das bewahrte methodische Konzept der Orientierung am Lebenszyklus der Immobilie wurde beibehalten.

Originally published in 1993, Urban Land and Property Markets in the Netherlands provides a detailed explanation of how the land and property markets of the Netherlands work. This book describes the scene extensively and goes deeper to explain the situation in the Netherlands, with commercial real estate being regarded internationally as mature, and offering good safe investment prospects while other aspects of the land and property markets are unique to that country. The constitutional, economic and social contexts are described and current public policies are explained as they affect property development.

Property investment markets and applied property research are now recognised as an increasingly important international phenomenon. Written by two of the most respected academics in the field, this authoritative guide provides a fresh and much needed perspective on this important subject. The book examines the unique characteristics of property investment within the context of other capital markets . The emphasis is strongly on the application of analytical tools from other markets to help academics and practitioners alike understand and apply the investment management of property with that of other asset classes. The book is split into three parts, each focusing mainly on direct commercial property: The characteristics of the various asset classes in the investment background The analyses necessary to develop a property portfolio strategy An examination of property in a wider context This book will be invaluable to all undergraduate and postgraduate students on property courses worldwide. It is also an essential tool to understanding this complex and exciting field for students on finance, business and accountancy courses which cover property. Its practical, applied approach means that the book will be a welcome addition to the bookshelf of any researchers or investment managers with an interest in property.