Real Estate Analysis: Environments and Activities

By Das, Prashant | Journal of Real Estate Literature, January 1, 2012 | Go to article overview

Real Estate Analysis: Environments and Activities


Das, Prashant, Journal of Real Estate Literature


Real Estate Analysis: Environments and Activities. Julian Diaz III and J.

Andrew Hansz. 538 pages, Dubuque: Kendall Hunt Publishing Company, 2010.

The emerging academic discipline of real estate may intrigue a student as much as it can perplex. Across the schools internationally, real estate has been taught in varying flavors. For example, a number of schools, particularly in Europe and Asia offer real estate education through their faculties of engineering and design. Similarly, some distinct themes can be identified in real estate programs in the United States, namely, economics, finance, and urban studies. Although, several real estate programs have been successful in galvanizing a comprehensive real estate perspective forging multidisciplinary faculties from different schools, colleges or departments, the need for an integrated understanding of real estate remains critically important. Courses on Real Estate Principles, thus, lay a sound foundation for students to build further knowledge upon. Obviously, one potential issue with such books is to identify the 'box' in which to fit the contents. Some extant publications on real estate principles have been authored with distinct themes: economics, finance or law. Real Estate Analysis: Environments and Activities by Julian Diaz III and J. Andrew Hansz is, however, a holistic introduction to real estate as an academic discipline.

Based on real estate activities model, the book provides a comprehensive introduction to several facets of real estate. More importantly, the book has varying appeals for different audiences. It motivates undergraduate students of different major areas to relate to real estate as a discipline. For graduate students, it is the 'new perspectives' of analyzing real estate phenomena that makes this book unique. For example, recently a graduate student wrote to me: ''I've never seen it taught in that format, but it helps more in 'absorbing' the content.'' He was referring to the graphical representation of the Time Value of Money (TVM) concepts, which are based on the discussions provided in the book.

Organization and Readability

The 'real estate activities model' developed by Julian Diaz III is one of the most impressive descriptions of the real estate environments and activities, which is as helpful to the students for learning as it is to educators in organizing the concept map for the course. It provides a lucid relationship between various entities and their interlinking activities in the real estate system. The model posits real estate both as 'product and process' and leads the classroom discussion through a well-connected series of intellectually stimulating discussions. The authors have a knack for addressing profundities with plainly, yet, thoughtfully drafted writing style. Core contents are supplemented by tastefully developed graphics, carefully chosen photographs, and 'associative structure aids' boxes.

The book has 14 chapters and three sections. The chapters are efficiently organized to cover a full semester in college or university teaching. The first section provides an introduction to real estate (Chapters 1-4) and helps in developing basic financial understanding (Chapter 5). The second section (Chapters 6-7) describes the relevant markets and environments of real estate. The third section (Chapters 9-14) discusses various real estate activities (such as lending, investing, consuming, governance, professional services, etc.) in detail. I do not cover the topics in this order but face no difficulties in re-organizing the lectures based on the book.

Chapter 1 is an 'eye-opener' for many as it exposes students to a whole gamut of real estate topics. Several students find it intriguing that there is far more to real estate than what they had imagined. I enjoy the discussion on market efficiency, a topic which captures the interest of students from all majors: business or non-business. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Real Estate Analysis: Environments and Activities
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.