Recent years have seen the most pronounced turbulence that real estate markets have ever experienced. There have been wild swings in prices, a wave of foreclosures, countless failed investments, and massive overbuilding. This paper will be primarily concerned with overbuilding. Of the many...

Based on interviews in Portland, Chicago, Miami, and Minneapolis/Saint Paul, How Real Estate Developers Think depicts the entrepreneurial personality of the developer, explores the meaning of "good design," and examines the economic risks and rewards of development.

Cities are always changing: streets, infrastructure, public spaces, and buildings are constantly being built, improved, demolished, and replaced. But even when a new project is designed to improve a community, neighborhood residents often find themselves at odds with the real estate developer...