The value of property: land and its sustainable management. The different values of land. Concepts. Definitions market value, tax value, cost, price. Analysis and Operation of the "Real Estate Market". The basic principles of good market functioning. Conditions of equilibrium and adequacy. Law of supply and demand. The evolution of prices. The necessity of determining the Value. Legislative provisions. Real estate taxation. Factors affecting the "Real Estate Market". The use and ownership of Real Estate as key elements of price formation. Use restrictions. Optimal use. Traditional methods of valuation and their use where appropriate. Development of a system of "Mass Valuation" of Real Estate.
Real Estate Development (Real Estate Development or RED): Real Estate Development. The dead capital. Examples. Strategy planning, site selection, market analysis, existing constraints. Settlement of unauthorized properties. Housing policy. Energy improvements of properties. Possibilities of funding or subsidies through Development Laws. Resolution of land and property disputes through mediation. Property expropriation.
