COURSE INFORMATION
Course Title: REAL ESTATE
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
ARCH 863 D 99 3 0 0 3 7.5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Fabio Naselli , Tuesday 13:30-14:30
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Elective
Classroom and Meeting Time: lecturer's Office
Course Description: -
Course Objectives: The purpose of this course is to introduce students to all aspects of real estate – a survey of the practical things a real estate professional must know: types of real estate, buying and selling real estate, public and private investments in real estate and real estate stocks, real estate in an urban setting, mortgage markets, real estate institutions, government policies impacting real estate, and international real estate issues.
COURSE OUTLINE
Week Topics
1 Introduction to Urban Real Estate Markets, The Nature and Definitions of Urban Areas.
2 Why do cities exist? Comparative Advantage of cities, Agglomeration Economies
3 Where do cities develop? Resource Orientation, Market Areas and Competition
4 Urban Land Markets. Monocentric Cities: Rents and Prices
5 Density and Decentralization. Location Choices of Households. Suburbanization of Employment
6 Property and Capital Markets. Rents, Asset Prices and Investment
7 The Market for Housing Units and Housing Services. Cyclical Behavior of the Housing Market
8 Mid-Term l
9 Investing in Land
10 Non Residential Property Markets. Office and Industrial Markets
11 Suburban Sprawl and Smart Growth
12 Public Policy and Real Estate.
13 Transportation and Real Estate Value. Transportation Investment and Development Patterns
14 Employment decentralization.
Prerequisite(s): -
Textbook: delivered during the class
Other References: -
Laboratory Work: -
Computer Usage: -
Others: No
COURSE LEARNING OUTCOMES
1 To be determined by Professor
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Doctorate (PhD) in Architecture Program
1 Speaking and Writing Skills Ability to read, write, listen, and speak effectively 3
2 Critical Thinking Skills Ability to raise clear and precise questions, use abstract ideas to interpret information, consider diverse points of view, reach well-reasoned conclusions, and test them against relevant criteria and standards 4
3 Graphics Skills Ability to use appropriate representational media, including freehand drawing and computer technology, to convey essential formal elements at each stage of the programming and design process 3
4 Research Skills Ability to gather, assess, record, and apply relevant information in architectural course work 5
5 Formal Ordering Systems Understanding of the fundamentals of visual perception and the principles and systems of order that inform two- and three-dimensional design, architectural composition, and urban design 3
6 Fundamental Design Skills Ability to use basic architectural principles in the design of buildings, interior spaces, and sites 3
7 Collaborative Skills Ability to recognize the varied talent found in interdisciplinary design project teams in professional practice and work in collaboration with other students as members of a design team 3
8 International Traditions Understanding of the International architectural canons and traditions in architecture, landscape and urban design, as well as the climatic, technological, culture-economic, and other cultural factors that have shaped and sustained them 4
9 National and Regional Traditions Understanding of national traditions and the local regional heritage in architecture, landscape design and urban design, including the vernacular tradition 4
10 Use of Precedents Ability to incorporate relevant precedents into architecture and urban design projects 4
11 Conservation and Restoration of Historical Districts Knowledge on historical districts and the gain of conservation consciousness documentation of historical buildings and the understanding the techniques which are needed to prepare restoration projects. 3
12 Human Behavior Understanding of the theories and methods of inquiry that seek to clarify the relationship between human behavior and the physical environment 5
13 Human Diversity Understanding of the diverse needs, values, behavioral norms, physical ability, and social and spatial patterns that characterize different cultures and individuals and the implication of this diversity for the societal roles and responsibilities of architects 5
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
2
20
Project
1
55
Attendance
5
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 14 5 70
Mid-terms 2 10 20
Assignments 0
Final examination 1 20 20
Other 1 30 30
Total Work Load:
188
Total Work Load/25(h):
7.52
ECTS Credit of the Course:
7.5