 | | |
| GEOG0618-3 | Real estate markets
|
|
| Duration : | 15h Th, 25h Pr |
|
| Number of credits : |
|
|
| Lecturer : | Jean-Marie Halleux |
|
Language(s) of instruction :
|
| French language |
|
Organisation and examination :
|
| Teaching in the first semester, review in January |
|
Course contents :
|
| The course is made of three main parts:
1. Clarification of the main concepts
1.1. Land and property
1.2. The property right
1.3. The market
1.4. The urban land supply
1.5. Land and property developments
2. The main economic mechanisms
2.1. Perfect competition and the formation of prices
2.2. Perfect competition and the functioning of the markets
2.3. The hedonic approach of property prices
2.4. Land and property developments
2.5. Land and property investments
3. The intervention of public authorities on land and property markets
3.1. What is land policy?
3.2. Spatial planning
3.3. Betterment and compensation
3.4. The sector-based objectives |
|
Learning outcomes of the course :
|
| In relation to geography
To integrate the comprehension of land and property mechanisms in the general organisation of urban spaces
In relation to planning and governance
To develop knowledges in the domain of land policy
In relation to geomotrology
To complete the lectures in law, architecture and building in order to prepare the students to the property evaluation
In relation to geomatics
To learn how to apply GIS knowledges through the realization of a hedonic model |
|
Prerequisites and co-requisites/ Recommended optional programme components :
|
| Courses of statistics, spatial analysis, GIS and spatial planning
Passive knowledge of English
To be open-minded concerning social and economic problems. |
|
Planned learning activities and teaching methods :
|
| Expert and professionals intervention. Preparation of a hedonic model. |
|
Mode of delivery (face-to-face ; distance-learning) :
|
| Alternatively phases of theoretical lectures, phases of student presentation and external experts presentation. |
|
Recommended or required readings :
|
| Detailed diaporamas, bibliography, technical notes and scientific artcles available via MyUlg |
|
Assessment methods and criteria :
|
| The assessment will be realized in two steps:
1. via the workshops (25 % for the preparation of the hedonic model);
2. via an oral exam on both, the theoretical lectures and the seminars (75 % of the quotation). |
|
Work placement(s) :
|
| |
|
Organizational remarks :
|
| No object |
|
Contacts :
|
| Professor: J.-M. Halleux, Institut de Géographie,
Sart Tilman, B11 - 4000 Liège
tél.: 04/366 53 27 - fax: 04/366 56 30
e-mail: Jean-Marie.Halleux@ulg.ac.be
Assistant in charge of the practicals dedicated to hedonic models: C. Breuer, Institut de Géographie,
Sart Tilman, B11 - 4000 Liège
tél.: 04/366 57 47 (93.60) - fax: 04/366 56 30
e-mail: Christophe.Breuer@ulg.ac.be
Secretary:
C. Sarto, Institut de Géographie, Sart Tilman, B11 - 4000 Liège
tél.: 04/366 56 23 - fax: 04/366 56 30
e-mail : C.Sarto@ulg.ac.be |
|
