The Economics Of Urban Property Markets An Institutional Economics Analysis 2015th Edition Paschalis Aarvanitidis by Paschalis A.arvanitidis 9781315758770, 9780415426824, 1315758776, 0415426820 instant download after payment.

This book examines the relationship between the property market and urban economy. The stimulus for this work was provided by the seemingly ever-accelerating process of urban economic change and the noticeable failure of existing studies to adequately explore the pivotal role that the property market plays in this process. Drawing on institutional economics, the central argument of the book is that the property market as an institution is a mediator through which urban economic potential can be realised and served. In developing this argument, the book provides a critical realist ontological framework that advances understanding of the institutional structure of the economy and the complex interrelation between the institutional environment and human agency, as well as a holistic theoretical framework of urban economic change, where appropriate emphasis is placed on the specific mechanisms, processes and dynamics through which the built environment is provided. ... The book's primary contribution, therefore, lies in its delineation of a holistic research programme to conceptualise the property market as an institution and to explore its role within the urban economy This book examines the relationship between the property market and urban economy. The stimulus for this work was provided by the seemingly ever accelerating process of urban economic change and the noticeable failure of existing studies to adequately explore the pivotal role that the property market plays in this process.