Real Estate Knowledge and the Development of a Real Estate Curricula for African Universities
Real estate education across the globe has, at its core, certain universal and value-neutral skills and knowledge. This knowledge has developed over decades to reflect the functions of specific market structures which characterise real estate markets. Moreover, it is reflective of the maturity of re...
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Format: | Article |
Language: | English |
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University of Cape Town Libraries
2018-12-01
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Series: | Journal of African Real Estate Research |
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Online Access: | https://journals.uct.ac.za/index.php/JARER/article/view/692 |
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author | Rachel Mirembe François Viruly |
author_facet | Rachel Mirembe François Viruly |
author_sort | Rachel Mirembe |
collection | DOAJ |
description | Real estate education across the globe has, at its core, certain universal and value-neutral skills and knowledge. This knowledge has developed over decades to reflect the functions of specific market structures which characterise real estate markets. Moreover, it is reflective of the maturity of real estate markets, and as such, the tools developed reflect specific market structures. Real estate analysts are becoming increasingly interested in real estate markets in emerging economies. The challenge facing these analysts is that the dominant real estate theory is based on mature markets within an industrialised context and therefore do not accurately reflect real estate markets in emerging economies. The generic context of real estate markets in emerging economies tends to be characterised by a dual economy, a lack of transparency in the markets, high levels of uncertainty and the existence of communal/customary and informal rights in the ownership of real estate. Hence, this study examines the real estate academic syllabus taught by universities in Sub-Saharan Africa. In doing so this ongoing research aims to assess and understand the differences that exist between the real estate programmes and examine the direction that these programmes could take in an emerging country context. |
first_indexed | 2024-04-12T04:38:22Z |
format | Article |
id | doaj.art-d51c31ae700a4bd7885662192e456b5d |
institution | Directory Open Access Journal |
issn | 2304-8395 |
language | English |
last_indexed | 2024-04-12T04:38:22Z |
publishDate | 2018-12-01 |
publisher | University of Cape Town Libraries |
record_format | Article |
series | Journal of African Real Estate Research |
spelling | doaj.art-d51c31ae700a4bd7885662192e456b5d2022-12-22T03:47:44ZengUniversity of Cape Town LibrariesJournal of African Real Estate Research2304-83952018-12-013291710.15641/jarer.v3i2.692537Real Estate Knowledge and the Development of a Real Estate Curricula for African UniversitiesRachel Mirembe0François Viruly1Department of Construction Economics and Management, University of Cape TownDepartment of Construction Economics and Management, University of Cape TownReal estate education across the globe has, at its core, certain universal and value-neutral skills and knowledge. This knowledge has developed over decades to reflect the functions of specific market structures which characterise real estate markets. Moreover, it is reflective of the maturity of real estate markets, and as such, the tools developed reflect specific market structures. Real estate analysts are becoming increasingly interested in real estate markets in emerging economies. The challenge facing these analysts is that the dominant real estate theory is based on mature markets within an industrialised context and therefore do not accurately reflect real estate markets in emerging economies. The generic context of real estate markets in emerging economies tends to be characterised by a dual economy, a lack of transparency in the markets, high levels of uncertainty and the existence of communal/customary and informal rights in the ownership of real estate. Hence, this study examines the real estate academic syllabus taught by universities in Sub-Saharan Africa. In doing so this ongoing research aims to assess and understand the differences that exist between the real estate programmes and examine the direction that these programmes could take in an emerging country context.https://journals.uct.ac.za/index.php/JARER/article/view/692real estate educationreal estate curriculaemerging economiessub-saharan africa |
spellingShingle | Rachel Mirembe François Viruly Real Estate Knowledge and the Development of a Real Estate Curricula for African Universities Journal of African Real Estate Research real estate education real estate curricula emerging economies sub-saharan africa |
title | Real Estate Knowledge and the Development of a Real Estate Curricula for African Universities |
title_full | Real Estate Knowledge and the Development of a Real Estate Curricula for African Universities |
title_fullStr | Real Estate Knowledge and the Development of a Real Estate Curricula for African Universities |
title_full_unstemmed | Real Estate Knowledge and the Development of a Real Estate Curricula for African Universities |
title_short | Real Estate Knowledge and the Development of a Real Estate Curricula for African Universities |
title_sort | real estate knowledge and the development of a real estate curricula for african universities |
topic | real estate education real estate curricula emerging economies sub-saharan africa |
url | https://journals.uct.ac.za/index.php/JARER/article/view/692 |
work_keys_str_mv | AT rachelmirembe realestateknowledgeandthedevelopmentofarealestatecurriculaforafricanuniversities AT francoisviruly realestateknowledgeandthedevelopmentofarealestatecurriculaforafricanuniversities |