Lecture

Transaction Costs: Real Estate Economics

Description

This lecture covers the concept of transaction costs in real estate economics, including marketing, tax, and registration fees incurred by both buyers and sellers. It discusses the buyer's cost of purchase, maximum price, and willingness to pay, as well as the seller's net proceeds from the sale. The lecture also explores the conditions for mutually beneficial transactions, emphasizing the importance of transaction costs in determining the feasibility of agreements between buyers and sellers.

In MOOCs (2)

Instructor

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Official source

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

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Ontological neighbourhood

Economics

Macroeconomics: Markets

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