The aim of this course is to introduce students to differences in real estate, both housing and commercial real estate, in the US and Europe. Special attention will be paid to understanding how real estate, and in particular housing, caused the 2008 financial crisis and how the real estate markets have evolved since then. Some particular topics to be covered include:
- Comparing and contrasting the housing customs in Europe and the US.
- Understanding the mortgage finance systems in the US and Europe.
- Understanding how real estate and mortgage finance contributed to and exacerbated the 2008 financial crisis.
- Investing in international commercial real estate, and the performance of international real estate.
- Investing in REITs and other structured real estate products.
There will be one final exam and a ten-page paper (both in English) assigned for the class.
Visiting Lecturer: http://belkcollege.uncc.edu/directory/richard-buttimer |
