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The Professor

Our professorial contributors illuminate the latest academic research in real estate and economic policy

The Professor

Chain reaction

Chain reaction

In teaching property market economics, we try to emphasise the importance of dynamic interactions across markets. In the occupier market, businesses compete for space, with supply and demand determining rents. Those rents pass into the investment market and are converted to capital markets via...

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LATEST ARTICLES

The Professor

How to trade house prices

How to trade house prices

In 1988 Michael Sklarz and I published a paper called “It’s Time for Some Options in Real Estate.” In 1995 David Geltner and I suggested that we needed a fourth asset class,...

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The Professor

The Aussie funding gap

The Aussie funding gap

Recapitalisation - why now? A recapitalisation cycle is underway across the Australian commercial property sector. The drivers, in common with markets in other developed...

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The Professor

Rediscovering Frank Ramsey

Rediscovering Frank Ramsey

Back in July, I was invited to give a keynote speech at an international conference we hosted in Cambridge. In it, I took the opportunity to look back at Cambridge economics a...

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