Most professionals and academics working in Real Estate consider Urban Economics to be an important part of the overall Real Estate picture.
In general, Urban economics provides a comprehensive approach to the economic factors that both define and affect modern urban areas, considering the economics of cities as a whole, rather than separating them into isolated topics. Topics covered often include urban housing, growth, social and policy issues, and how these affect the economic functioning of a city. Urban economists study the changing role of the city in economic life, and the effects of social problems, such as crime, poverty, and education that often accompany these changes.
What do you think about the intersection of real estate and urban economics?