CPT893 - Researching Urban and Regional Development

SchoolCardiff School of Planning and Geography
Department CodeCPLAN0
Module CodeCPT893
External Subject CodeK490
Number of Credits20
Language of DeliveryEnglish
Module Leader Dr Pauline Card
SemesterSpring Semester
Academic Year2013/4

Outline Description of Module

This module trains students to apply a set of practical methods to understand and analyse the real estate market in a global setting. The substantive focus is on the property markets in the UK, USA and China, though the analytical approaches will be transferable to the other contexts.  The module mainly develops skills for decision-making in the real estate market from a private sector perspective.  These nonetheless include how to understand the implications of private real estate development with regard to the public domain and how to justify government interventions such as property taxation and regulatory taking.       

On completion of the module a student should be able to

How the module will be delivered

 seminars/ computer-based workshops

Skills that will be practised and developed

Accessing and exploring real estate property data (SPSS)
Mapping property locations and urban structures (ArcGIS)
Budgeting for private real estate project/transaction (Excel)
Presentation in accordance to professional standards (MS Powerpoint)

How the module will be assessed

Group Presentation - 30%
Individual Essay - 70%


Assessment Breakdown

Type % Title Duration(hrs) Period Week
Written Assessment 100
N/A 1 N/A

Syllabus content

The module begins with an overview of the real estate market analysis, respectively from economic, social and environmental perspectives.  This is followed by trainings on the appraisal of financial viability of individual transactions in the real estate market. The next step draws on institutions and interventions in the real estate mark and their welfare implications. Finally the students are reminded of globalization as a broad background of conducting real estate business and the related ethics issues.  

Essential Reading and Resource List

Adams, D. and S. Tiesdell (2012). Shaping Places: Urban Planning, Design and Development, Routledge. 

Clauretie, T. M. and G. S. Sirmans (2009). Real Estate Finance: Theory & Practice, South-Western Pub. 

Lynn, D. J. and T Wang (2010). Emerging Market Real Estate Investment: Investing in China, India, and Brazil, Wiley. 

McDonald, J. F. and D. P. McMillen (2010). Urban Economics and Real Estate: Theory and Policy, Wiley-Blackwell. 

Thrall, G. I. (2002). Business Geography and New Real Estate Market Analysis. New York, NY, USA, Oxford.


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