Please answer the questions for the two essays including around 8 academic references per essay/question and 1500 words per essay/question +- 10%. I have also included the notes from the lecture that directly relates to the assigned questions. Please read through the lecture notes which will help you answer the question more easily, the answers are more or less directly in these uploaded documents. Essay
Question 1: “The rise of housing prices indicates there is housing price bubble”. Critically discuss the statement and support your argument with the empirical evidence where necessary………Essay
Question 2: Discuss the modelling techniques used to model commercial real estate market, the economic framework the models are built upon and the issues related to the modelling techniques. The discussion should be supported with case studies or evidence.