Abstract
The study of real estate development has become an integral part of planning education as planners draw upon the techniques of real estate investment analysis to control land use. The application of these techniques has been expanded by linking new commercial development to noncommercial development that serves public goals. Fees charged against new commercial development are used to fund social programs, such as the production of low income housing. To make these linkage programs work, planners must possess skills in both individual real estate project analysis and market-wide regulation. It is argued here that this second area, market regulation, has not received adequate attention in planning curricula.
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