Real Estate Economics

Description

This lecture covers the concept of arbitrage by the landowner, who decides whether to sell the land at a certain price or keep it, considering factors like land rent, capital gain, and interest rate. It also explores the comparison between buyer and seller perspectives, determining the minimum selling price and the maximum buying price. The lecture delves into precise notations for these prices and concludes with a discussion on land hoarding by the landowner.

In MOOCs (2)

Instructor

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Official source

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Ontological neighbourhood

Economics

Macroeconomics: Markets

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