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Elgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary.Offering fresh insights into the key emerging issues in the field, including the changing socio-economic contexts brought about by the rise of the millennial generation and the creative class, the Covid-19 pandemic, and a greater emphasis on social responsibility, this forward-looking Research Agenda critically debates and rethinks theories and practices in the property sector. Promoting interdisciplinary approaches to the topic, chapters explore the disruptive changes to the field brought about by technological revolutions, before moving on to reflect upon the meaning of value, risks and investment behaviours, and finally examining the institutional contexts and stakeholders that shape the industry. Leading scholars combine practice with in-depth theoretical discussions, highlighting critical future avenues of research in the field.Real estate, planning and economics scholars will find this to be an important read, particularly with the blend of conceptual and empirical perspectives. Real estate practitioners and businesses will also find the practical guidance and discussion of real-life challenges in the book helpful.
Edited by Piyush Tiwari, Professor of Property, Faculty of Architecture, Building and Planning, The University of Melbourne and Julie T. Miao, Associate Professor of Property and Economic Development, Faculty of Architecture, Building and Planning, The University of Melbourne, Australia
Contents:1 Introduction to A Research Agenda for Real Estate 1Piyush Tiwari and Julie T. MiaoPART I DISRUPTIVE CHANGES: TECHNOLOGIES AND SPACES2 Market disruptions and the future trends in realestate: what do we not know? 19Piyush Tiwari and Jyoti Shukla3 Interface of property and knowledge-basedeconomic development 41Julie T. Miao4 Future directions of research in innovative workplaces 59Eileen Sim5 Housing share: opportunities and challenges forinterdisciplinary research 81Djordje StojanovicPART II VALUES: INVESTMENT AND RISKS6 Market value in a sea of values: re-examining the‘theory of value’ of land and property through thelens of ‘capability theory’ 99Jyoti Shukla and Mike McDermott7 Circular economy in the real estate sector 121Ashish Gupta and Piyush Tiwari8 Climate change and risk to real estate 139Georgia Warren-Myers and Anna Hurlimann9 The confluence of real estate and infrastructure:a research agenda 167Raghu Dharmapuri TirumalaPART III INSTITUTIONS: BEHAVIOURS, GOVERNMENTAND FOREIGN ACTORS10 Local community in brownfield redevelopment:the Alphington Paper Mill Project in Melbourne 185Xuqing Li, Hao Wu and Huiying (Cynthia) Hou11 International real estate investments: issues andresearch agendas 205Hyung Min Kim12 Neoliberalization in urban governance atthe real estate turn: perspective from urbanredevelopment in China 227Xiang Li13 Institutional governance of innovation adoption inresidential developments: future research directions 247Godwin KavaarpuoIndex
‘This book proposes a multi-disciplinary approach to real estate research and collects essays written from different backgrounds. Those who pursue a multi-disciplinary approach should find this book inspiring.’