Real Estate follows both national and local economic trends. Learn how demand and supply in any city drive occupancy and rental rates that determine a properties income. Then how capital flows to real estate drive property prices. These key metrics drive the total return of any real estate investment and differ by property type – even in the same city! Linneman Chapters 1,3,8,25. Every real estate property is unique and must be understood in the context of not only national property type trends, but local MSA trends, sub-market trends, and peer-group trends (class A, B, C, etc). This class explains how to funnel down from national to site trends to accurately determine the revenues any property should produce upon purchase or development completion. Linneman Chapter 8