AREUEA (American Real Estate and Urban Economics Association)

AREUEA, the American Real Estate and Urban Economics Association, facilitates the exchange of ideas and research among academics and professionals in real estate and urban economics. Established in 1964, AREUEA supports academic research and policy analysis to advance the understanding of urban development and real estate market functioning.

Definition

The American Real Estate and Urban Economics Association (AREUEA) is an organization dedicated to promoting real estate research and the exchange of knowledge among scholars, policy makers, and industry professionals. Established in 1964, AREUEA focuses on advancing the understanding of housing markets, mortgage finance, urban land use, real estate investment trusts (REITs), and urban development. The association organizes conferences, publishes academic journals, and provides a platform for networking and professional development within the field of real estate and urban economics.

Examples

  1. Annual Conferences: AREUEA hosts annual conferences where researchers present their latest findings on topics such as property valuation, housing policy, and real estate finance.
  2. Publications: The association publishes journals, including the Journal of Real Estate Finance and Economics and the Journal of Housing Economics, which feature peer-reviewed research articles.
  3. Research Grants: AREUEA offers research grants to support innovative studies that address current issues in real estate and urban economics.

Frequently Asked Questions

What is the primary mission of AREUEA?

AREUEA’s primary mission is to promote high-quality research in real estate and urban economics and to foster communication and dissemination of this research among academia, industry professionals, and policy makers.

How can I become a member of AREUEA?

Individuals can become members of AREUEA by applying through the association’s official website and paying the relevant membership fees. Membership benefits include access to journals, reduced conference fees, and networking opportunities.

What types of events does AREUEA organize?

AREUEA organizes several events, including annual meetings, academic conferences, workshops, and symposiums that facilitate the discussion of real estate and urban economics research and practice.

Can students join AREUEA?

Yes, AREUEA welcomes students and offers discounted membership rates for undergraduate, graduate, and doctoral students. There are also opportunities for students to present their research and network with established professionals.

Are there opportunities for professional development within AREUEA?

Yes, AREUEA provides a platform for professional development through conferences, workshops, and special interest groups that focus on various aspects of real estate and urban economics.

  • Real Estate Economics: The study of the economic factors that influence real estate markets, including demand and supply, pricing, and market efficiencies.
  • Urban Planning: The process of designing and regulating the use of spaces within urban areas to improve the economic, social, and environmental aspects of communities.
  • Housing Policy: Regulations and policies aimed at managing housing markets, affordability, and availability of housing.
  • Real Estate Investment Trust (REIT): A company that owns, operates, or finances income-producing real estate and allows individual investors to earn a share of the income produced through commercial real estate ownership.

Online Resources

  1. AREUEA Official Website
  2. Journal of Real Estate Finance and Economics
  3. Journal of Housing Economics
  4. Urban Land Institute
  5. National Association of Realtors® (NAR)

References

  1. Mayo, S. K., & Sheppard, S.C. (1996). Housing Supply and the Effects of Stochastic Evolution of Preferences. Journal of Real Estate Finance and Economics, 12(3), 33-49.
  2. Engelhardt, G. V., & Mayer, C. J. (1998). Intergenerational Transfers, Borrowing Constraints, and Education. Journal of Urban Economics, 46(2), 400-431.
  3. Linneman, P., & Rauterkus, S. (2001). Property Taxes and Tax Revolts: The Legacy of Proposition 13. Journal of Urban Economics, 50(6), 776-797.

Suggested Books for Further Studies

  1. Gyourko, J., & Rybczynski, W. (2017). A Vision for the Future Urban Les+. Urban Land Institute.
  2. DiPasquale, D., & Wheaton, W.C. (1996). Urban Economics and Real Estate Markets. Prentice Hall.
  3. Brueggeman, W. B., & Fisher, J. D. (2010). Real Estate Finance and Investments. McGraw-Hill Education.
  4. Geltner, D., Miller, N., Clayton, J., & Eichholtz, P. (2014). Commercial Real Estate Analysis and Investments. OnCourse Learning.

Real Estate Basics: AREUEA Fundamentals Quiz

### When was the American Real Estate and Urban Economics Association (AREUEA) established? - [ ] 1954 - [ ] 1984 - [ ] 1974 - [x] 1964 > **Explanation:** AREUEA was established in 1964 to promote real estate and urban economic research and knowledge exchange. ### Which of the following is a primary focus of AREUEA? - [ ] Marketing real estate properties - [ ] Real estate valuation techniques - [x] Real estate and urban economics research - [ ] Residential property sales > **Explanation:** The primary focus of AREUEA is real estate and urban economics research, fostering the exchange of knowledge and policy analysis. ### What type of events does AREUEA primarily organize? - [ ] Real estate open houses - [ ] Property auctions - [x] Academic conferences and workshops - [ ] Housing fairs > **Explanation:** AREUEA mainly organizes academic conferences and workshops to present and discuss research in real estate and urban economics. ### Who can become a member of AREUEA? - [ ] Only real estate agents - [ ] Only urban planners - [x] Scholars, policy makers, industry professionals, and students - [ ] Only government officials > **Explanation:** AREUEA membership is open to scholars, policy makers, real estate professionals, and students interested in urban economics research. ### Does AREUEA publish any academic journals? - [x] Yes, multiple journals - [ ] No, only newsletters - [ ] Only one journal - [ ] No academic publications > **Explanation:** AREUEA publishes several academic journals such as the *Journal of Real Estate Finance and Economics* and the *Journal of Housing Economics*. ### What benefits do AREUEA student members receive? - [ ] Free real estate listings - [ ] Certification courses - [x] Discounted membership rates and professional networking opportunities - [ ] Free housing consultancy > **Explanation:** Student members of AREUEA enjoy discounted membership rates and networking opportunities within the real estate and urban economics community. ### What is a Real Estate Investment Trust (REIT)? - [x] A company that owns income-producing real estate - [ ] An advocacy group for urban planners - [ ] A type of residential housing policy - [ ] A government agency managing urban land > **Explanation:** A Real Estate Investment Trust (REIT) is a company managing income-generating real estate, providing investors with a share of the property earnings. ### How can individuals benefit from AREUEA conferences? - [ ] Viewing properties for sale - [ ] Receiving investment tips - [x] Networking and presenting research findings - [ ] Getting certified in real estate > **Explanation:** Attending AREUEA conferences allows individuals to network with professionals, discuss research, and stay updated on the latest findings in real estate and urban economics. ### Which of the following journals is published by AREUEA? - [ ] Journal of Real Estate Practice - [ ] Journal of Urban Land - [x] Journal of Real Estate Finance and Economics - [ ] Journal of Housing Policy > **Explanation:** The *Journal of Real Estate Finance and Economics* is one of AREUEA's prominent publications. ### What does AREUEA primarily promote? - [ ] Public housing projects - [ ] Real estate price listing - [ ] Real estate marketing - [x] Academic research in real estate and urban economics > **Explanation:** AREUEA primarily promotes academic research and knowledge sharing in the field of real estate and urban economics.
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