Real Estate and Urban Planning
Vrije Universiteit Amsterdam
Amsterdam, The Netherlands
Area of Study
Taught In English
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4
Hours & Credits
After taking this course students:
- know the basic forces that determine the value of land;
- know the determinants of the different types of land use;
- know the principles of Dutch land use planning and housing policy;
- can explain the importance and limitations of spatial planning;
- know the essentials of real estate valuation;
- understand the main factors determining affordability of housing in cities;
- understand the determinants of real estate development at specific locations.
A large part of the national capital stock consists of real estate. Most of it is located in cities. Within cities there is a concentration in a
small number of centers and subcenters. The built environment is the result of past and current investments in real estate and in
transportation and other infrastructure. The stock of buildings is extremely durable and once the structure is in place, it will often
remain there for decades or even centuries. Investment decisions with respect to real estate therefore have a strong and lasting impact on
landscapes. This course is in introduction to the economic analysis of the determining factors of the built environment. The basic principles
underlying the value of land and its use at various locations will be discussed. The need for spatial planning and its limitations will be
discussed. The role of affordable housing is highlighted. The course considers real estate in developed as well as developing countries.
TYPE OF ASSESSMENT
Written exam and assignments
Basic knowledge of (micro-)economics
Courses and course hours of instruction are subject to change.
Some courses may require additional fees.