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Is Real Estate Really Complex?

Is Real Estate Really Complex?

  • Post author:Dr. Christine Blaas
  • Post published:April 1, 2025
  • Post category:Complexity

Everybody in real estate, in academia as well as in the industry, confirms that real estate and development are complex; using the word ‚complex’ in a general sense. The author…

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    • Real estate development is a complex, collective process.

      Graaskamp and Jarchow (1991, 228)

    • I don’t know why finance gets to be a department in a university, but real estate doesn’t. That is just a historical accident. Real estate is a big sector of the economy.

      Harry M. Markowitz in Reinbach (1993, 61)

    • Closely linked to the heterogeneity of real estate is its high complexity. Due to the long development process and the long life cycle of buildings respectively the infinite life cycle of land.

      Brueggeman and Fisher (2005, 293)

    • Real estate portrays a complex organism of vital economic activity connected through a rich interlacing of resource allocation channels.

      Diaz (1993, 188)

    • One main reason for the difficulty of defining real estate is the complexity of the object.

      Breuer and Nadler (2012, 7)

    • Real estate development is a complex process that involves the co-ordination of finance, materials labor and expertise by many actors across a wide range of sectors.

      Myers (2011, 66)

    • Developers tend to be driven, innovative people who work with an extensive team of professionals to compete a complex and dynamic process.

      Miles et al. (200, 51)

    • Development is a very risky and complex business, which is why more people don’t do it.

      Brown (2015, 10)

    • Real estate development is a complex, collective process.

      Graaskamp and Jarchow (1991, 228)

    • I don’t know why finance gets to be a department in a university, but real estate doesn’t. That is just a historical accident. Real estate is a big sector of the economy.

      Harry M. Markowitz in Reinbach (1993, 61)

    • Closely linked to the heterogeneity of real estate is its high complexity. Due to the long development process and the long life cycle of buildings respectively the infinite life cycle of land.

      Brueggeman and Fisher (2005, 293)

    • Real estate portrays a complex organism of vital economic activity connected through a rich interlacing of resource allocation channels.

      Diaz (1993, 188)

    • One main reason for the difficulty of defining real estate is the complexity of the object.

      Breuer and Nadler (2012, 7)

    • Real estate development is a complex process that involves the co-ordination of finance, materials labor and expertise by many actors across a wide range of sectors.

      Myers (2011, 66)

    • Developers tend to be driven, innovative people who work with an extensive team of professionals to compete a complex and dynamic process.

      Miles et al. (200, 51)

    • Development is a very risky and complex business, which is why more people don’t do it.

      Brown (2015, 10)

    • Real estate development is a complex, collective process.

      Graaskamp and Jarchow (1991, 228)

    • I don’t know why finance gets to be a department in a university, but real estate doesn’t. That is just a historical accident. Real estate is a big sector of the economy.

      Harry M. Markowitz in Reinbach (1993, 61)

    • Closely linked to the heterogeneity of real estate is its high complexity. Due to the long development process and the long life cycle of buildings respectively the infinite life cycle of land.

      Brueggeman and Fisher (2005, 293)

    • Real estate portrays a complex organism of vital economic activity connected through a rich interlacing of resource allocation channels.

      Diaz (1993, 188)

    • One main reason for the difficulty of defining real estate is the complexity of the object.

      Breuer and Nadler (2012, 7)

    • Real estate development is a complex process that involves the co-ordination of finance, materials labor and expertise by many actors across a wide range of sectors.

      Myers (2011, 66)

    • Developers tend to be driven, innovative people who work with an extensive team of professionals to compete a complex and dynamic process.

      Miles et al. (200, 51)

    • Development is a very risky and complex business, which is why more people don’t do it.

      Brown (2015, 10)