11.433J / 15.021J Real Estate Economics

Fall 2008

Suburban community filled with new houses.
New homes are quickly replacing farmland in this suburb west of Des Moines, Iowa. (Image courtesy of Lynn Betts, USDA Natural Resources Conservation Service.)

Course Description

This course, offered by the MIT Center for Real Estate, focuses on developing an understanding of the macroeconomic factors that shape and influence markets for real property. We will develop the theory of land markets and locational choice. The material covered includes studies of changing economic activities, demographic trends, transportation and local government behavior as they affect real estate.

Technical Requirements

Special software is required to use some of the files in this course: .zip, .exe, .dat, .for, and .xls.

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Prof. William Wheaton

Course Meeting Times

2 sessions / week
1.5 hours / session

1 session / week
1.5 hours / session