“…Although economic crises are unavoidable, the opinion here is that rational decision making in real estate development makes it possible to diminish the losses. Many models and methods for the analysis of real estate development and their components have been developed worldwide: -Linear models of the real estate development process (Medalen, 2004;Miles, 2007;Røsnes & Kristoffersen, 2009); -Iterative real estate project models (Olsson, Sørensen, & Leikvam, 2015); -Seven stages real estate development process model (Kohlhepp, 2012); -New Keynesian dynamic stochastic general equilibrium model on China's housing market fluctuations (Wen & He, 2015); -A sub-regional model of housing markets in England (Bramley & Watkins, 2016); -The recreational complex real estate sustainability assessment model allowing assessment of the aspects of sustainable construction (environmental, economic and social) (Raslanas et al, 2016); -Typology-based approach model for estimation of the energy performance certificate of a housing stock characterized via qualitative variables (Florio & Teissier, 2015); -Mixed-methods evaluation of a short-term housing support program for homeless families (Meschede & Chaganti, 2015); -Method and model for early-warning and forecasting of real estate development (Huang et al, 2015); -Model for optimization of construction contracting in housing development project (Ngowtanasuwan, 2013); -Model of conflict resolution (Wang, Kilgour, & Hipel, 2015); -Risk evaluation model for real estate projects (Sun, Huang, Chen, & Li, 2008); -Analogical regression method (a real estate appraisal system) (Kettani & Oral, 2015); -Mixed-method approach (downtown redevelopment) (Charney, 2015); -Normative process model (managing iterations in the modular real estate development process) (Eppinger, Bonelli, & Gonzalez, 2013); -Model of park development (BenDor, Westervelt, Song, & Sexton, 2013); -Hedonic model for high-speed rail station on spatial variations in housing price (Geng, Bao, & Liang, 2015); -Public-private partnership models (Cruz & Marques, 2011;Wang, 2015); -Micro-simulation model of hou...…”