Real Options and Urban Land Values: A Review of the Literature
Download Document| Date Published | 2013 |
| Version | |
| Primary Author | Kiplan S. Womack |
| Other Authors | |
| Theme | Housing Market Analysis |
| Country |
Abstract
This critical analysis contributes to a better understanding of urban land values by unifying the real option and redevelopment decision literatures within a broader context of real estate valuation. By combining these heretofore disparate literatures in this way, both academics and practioners should find the analysis relevant to their own real estate studies or investment decisions.