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Contribution of Environmental Economics to Real Estate Sector
1 : Université Gustave Eiffel
Université Gustave Eiffel, Université Gustave Eiffel
2 : Université Gustave Eiffel
Université Gustave Eiffel, Université Gustave Eiffel
3 : Laboratoire ESPI2R Research in Real Estate [Paris]
Ecole Supérieure des Professions Immobilières
4 : Urban Real Estate Research Unit (URERU), Department of Construction Economics and Management, University of Cape Town
Environmental economics plays a crucial role in shaping and influencing the real estate sector, contributing to sustainable development and addressing environmental concerns. One significant contribution is the integration of environmental considerations into property valuation and decision-making processes. Real estate valuation now takes into account factors such as energy efficiency, green building certifications, and proximity to green spaces, influencing property values and investment decisions.
