Resource Review: Markets & Institutions in Real Estate & Construction

Fall 2007, Vol. 32, No. 2

Abstract: The globalization of real estate investing is a growing trend, one that requires all of us to broaden our understanding of overseas markets. Michael Ball, a professor of property economics and urban studies at the University of Reading (located west of London), produces an analysis on property markets across Europe in an attempt to help real estate practitioners integrate academic ideas of international economics, measurements and models. At a time when a rising number of American investors are adding foreign properties to their portfolios, Ball was concerned about the lack of reference literature that addressed international comparative analysis. This book attempts to fill that void. The author explores housing markets and their relation to planning systems and real estate institutions such as the construction industry and brokerage houses.