The book is designed as a supplementary text for upper division undergraduate and graduate real estate investment courses. The CD-ROM included with the book contains spreadsheets for data analysis tailored specifically to real estate settings. The major thrust is to bridge the gap between theory and practice by showing the student how to implement his real estate education in the real world.A book such as this offers tools to enhance decision-making for consumers and researchers in market economies of any country interested in land use and real estate investment. Empirical risk analysis improves the understanding of markets in general. Real estate is not different in this regard. Each day thousands of bright, entrepreneurial souls arise and make dramatic contributions to our built environment, heretofore without data or database analysis techniques. This book hopes to add a suite of tools that will sharpen their vision and understanding of that process.
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