Class: Finance Real Estate

Real estate decisions are made in both space (use decisions) and capital markets (investment decisions). These markets are interdependent and continuously interact to determine equilibrium solutions.

Examine the FOUR-part graphical solution in the Fisher model to determine the equilibrium market rental rate as well as the space leased in the market (draw the four quadrants, label the axes, and explain the four quadrants in terms of short-run and long-run behavior of the markets)