In order to understand and formulate housing policy and
programs, it is necessary to have a working knowledge of the
internal economic operation of housing from the points of view of
both the investor and the owner. James W. Hughes argues that
investors' and owners' behavior and activity tend to be governed by
market forces and other realities. In that regard, he begins this
work by analyzing market rates of return in real estate and housing
undertakings, and the variety of analytical techniques which
underlie their determination.
Methods of Housing Analysis is designed to provide urban
planners with an introduction to the basic, quantitative techniques
associated with the analysis of housing. A myriad of specific
analytical methods has evolved in each of the professions concerned
with this subject area. Planners, investors, developers, engineers,
appraisers, social scientists, and governmental officials all tend
to exhibit unique perspectives when examining housing and have
developed their analytical frameworks accordingly.
The work is comprised of an extensive discussion by the author,
detailed case studies and examples, and a number of essays by
leading experts that detail specific analytical procedures and
demonstrate their use. The book is divided into four major
sections: analysis of the internal operation of housing; basic
cost-revenue analysis; expanded cost-revenue/benefit analysis; and
government regulation of housing. The thorough nature of Hughes'
discussion and of the related readings makes this volume an ideal
textbook and reference source.
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