The Dynamics of Property Location

This book examines the reasons behind property location and how they are changing. Different theories relating to property location are examined and the book also covers retail industry, offices, industrial and residential property.
Why is property located where it is, and how has this process changed in recent years? A number of factors, such as social change and technological development, have affected location and these are considered. Value, the way changing patterns of location are measured, is examined and a discussion of rent contours is given. The book considers location in the retail industry, looking at the theory, hierarchy, clustering and dispersal. The move to out-of-town sites, with its three waves of decentralization, is described. Central place theory, dating from the 1930's, is discounted as being obsolete and misleading. Finally the book covers offices, industrial and residential property. Russell Schiller spent almost 30 years as a professional in the property sector. He sets out the text in a simple and non-technical manner, embued with a strong practical sense, to provide a solid textbook for the land economy or land management undergraduate student and junior professional.