Preface PART 1: Basic Economic Background for Real Estate Analysis 1. Introduction to Real Estate Economics 2. Review of the Economic Principles of Capitalism 3. Government's Role in the Economy 4. Money, Credit, and Real Estate 5. Important Economic Features of Real Estate PART 2: Understanding Real Estate Markets 6. Regional and Community Analysis 7. Community Growth Patterns 8. Neighborhoods: Clusters of Land Use and Value 9. Housing Markets 10. Commercial and Industrial Markets 11. Rural and Recreational Real Estate Markets PART 3: Major Influences on Real Estate Development 12. The Economics of Real Property Taxation 13. Land-Use Controls 14. Real Estate Development 15. Required Government Reports PART 4: Real Estate Investment: The Economics of the Parcel 16. Summary of Real Estate Investment Principles 17. Income Tax Aspects of Investment Real Estate 18. Applied Real Estate Economics 19. Anticipating Change Answers to Reviewing Your Understanding Questions Index