Determinants of Land Price

Description

This lecture covers the different models of land pricing, including the price of land generating land rent, the price of buildings generating net real estate income, and the price of land that can be developed through construction. It explains the conditions for high land prices, such as high real estate prices, low construction costs, and low development risks. The lecture also illustrates how land prices increase with building rights and the relationship between real estate price and land price. It concludes with a summary of the main determinants of land prices and upcoming topics on land economics.

In MOOC

Instructors (2)

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Official source

https://mediaspace.epfl.ch/media/0_t204mvvn

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