CH 5 &6

1. MGT 374
Real Estate Analysis
College
of Business
AlfaisalUNIVERSITY

2. Making a pizza
is not the same
thing as
building a
building

3. Chapter 5
Market
Determinates of
Value

4. Booms and Busts
Supply and Demand
Risk
Cycles

5. Creation
Growth
Decline
Regentrification
Land is always there
Peak
Growth
Peak
Decline
Reinvent

6. Cities must reinvent or
they die

8. Fur Trade
Steel
Cars
?

13. Cities
Easy
Trade
Access

14. Cities
Richer
Healthier
More Choices

15. Economic Base
what a city does
for the rest of the
world

16. Activities
Base
Secondary

17. What are
Riyadh’s
activities?

18. Location Quotient
local employment
country employment

19. Shape of the City
why is the center so
expensive?
reduce travel time
opportunity costs

20. Middle
Income Housing
Low
income housing
Industrial
Burgess Model
Downtown
High
Income Housing

21. Hoyt Model
high
income
IndustrialIndustrial
low
income
low
income
low
income
Middle
income
Middle
income
CBD

22. Harris Ullman Model
multinuclei cities
not one CBD
lots of centers

23. Technology Change
trains to cars
air conditioning
lighting
information tech

24. Why are all the satellite stores at the
same place?

25. Location
convenience:
disperse
comparison:
cluster