Lecture

Real Estate Economics

Description

This lecture covers the evaluation of costs in real estate economics, focusing on estimating the cost price of existing buildings, including the land price and construction cost. It discusses the conditions for comparability between different properties, adjustments needed for depreciation, renovation costs, and revenue differentials. The lecture also provides insights into estimating the land component and reflects on the relationship between cost price and market price, highlighting the role of developers in the real estate market.

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