Psychology
8 years ago

Local real estate booms with presence of university real estate programs.

Journal of Real Estate Practice and Education
University Real Estate Programs and Local Real Estate Economies
Marvin Bouillon, Richard Carter

Paper Summary

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The presence of real estate programs at local colleges and universities is linked to the level of real estate activity in the community. Specifically, areas with more intense graduate real estate programs tend to have higher real estate activity within the county. This suggests that educational institutions play a role in shaping the local real estate economy by producing skilled professionals who meet the needs of the community.