RE Principles for New Economy

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9780324187410: RE Principles for New Economy

More than ever, today's economy is in constant evolution -- continually creating new challenges and new opportunities. Real Estate Principles for the New Economy reflects on this new perspective in both the real estate industry and academic world along with the value of new economic possibilities brought about by the ever-changing information technology revolution. Miller/Geltner apply the implications of technology on both the specializations within the real estate industry and various property types. While the text covers fundamentals necessary to understand today's economy, the supplemental CD provides professional-grade spreadsheets and tools that allow you to practice these fundamentals. Together, this learning package integrates the developments in the field of financial economics that have become basic to the understanding of, and professional practice within, the real estate field. This book provides new global perspectives that enable you to become sensitive to cultural differences that may influence business decisions, risk management and negotiation strategies -- preparing you for doing business in the new economy.

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About the Author:

Norman G. Miller is holder of the West Shell, Jr. Professorship at the University of Cincinnati. He received his Ph.D. from the Ohio State University, after which he was an Assistant Professor at the University of Georgia until 1981. During 1985-86 he was a Visiting Chairholder at the University of Hawaii College of Business. Dr. Miller has numerous academic articles, books and articles in trade market publications. Dr. Miller has been a frequent speaker and writer on e-commerce strategies for real estate owners and managers. He has worked extensively with various trade associations and is the primary national instructor and moderator for NAIOP programs on "Developing in the Next Century". As a Homer Hoyt Land Use Institute Faculty, based in North Palm Beach Florida, he is involved with some premier thought leaders among academics and industry professionals in a think tank setting for annual conferences on real estate issues and trends.

Review:

The market analysis depth provided for various property types is unparalleled. What a wonderful reference for the professional that wants to understand what drives the market for several specific property types from housing to retail to industrial to office to parking and more.

I really like how the Miller/Geltner text is written. I especially appreciate the authors' use of sine wave graphs to describe the various cycles that apply to real estate. That's something I have been drawing on the board for years, so it's refreshing to see that in the text, along with their comments that you never really know where you are on that curve. I really felt like the authors had gotten into my head with their analysis.

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Miller, Norman G.;Geltner, David
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