Document Actions
Department of Real Estate
NEW COURSES
RES 3100 Decision Making in Real Estate Markets
3.0 hours; 3 credits
This course is intended to provide a broad overview of both theory and practice in real estate markets. In order to meet this aim, real estate and property markets in general will be analyzed from a variety of different perspectives. The emphasis in the course will be on mortgage finance, investment valuation, land use, real estate capital markets, and brokerage. In addition to regular lectures, members of the real estate community will speak to the class about their experience and expertise.
Prerequisites or Co-requisite: BUS 1001 or Bus 1000; completion of 45 credits or more.
RES 3320 (ECO 3320) Urban Economics
3.0 hours; 3.0 credits
RES 3320 discusses the economic reasons for the growth and decline of cities, along with the economic underpinning for location decisions by households and firms. Specific topics for study include urban fiscal problems, environmental issues, and the problems of poverty, segregation, and discrimination. Policy options with respect to housing, transportation, and public policy will be reviewed. (Credit will not be granted for both RES 3320 and ECO 3320).
Prerequisite: ECO 1001
CHANGES IN COURSE NUMBER, TITLE, PREREQUISITE, AND DESCRIPTION
PAF 3701/RES 3650 Public Regulation of Land Use
Becomes
PAF 3701/RES 3650 Building Cities: Markets and Government
This course introduces students to major concepts behind the public regulation of urban land use, often using New York City as a laboratory. The course examines how market forces and the public sector shape every aspect of urban development, through policies, plans, regulations, and investment. Topics include theories of location, natural advantage, capital availability, economies of scale and clustering, zoning, smart growth, building and environmental codes, and rent regulation. Students will learn how to analyze a community’s land use structure and assess its strengths and weaknesses in order to develop public policies that improve public welfare. (This course is crosslisted with RES 3650. Credits will not be granted for both PAF 3701 and RES 3650. Students may take only one of these courses.)