280.990 Municipal Fiscal Effects of Spatial Planning Drafts
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2023S, VU, 2.0h, 3.0EC, to be held in blocked form


  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VU Lecture and Exercise
  • Format: Presence

Learning outcomes

After successful completion of the course, students are able to demonstrate basic knowledge of real estate economics (part 1 of the course) and to apply and critically reflect on fiscal impact analysis (part 2 of the course).

Part 1:

The following contents are taught in the form of lecture units:

basic terms of real estate economics, special characteristics of real estate from an economic perspective, real estate valuation methods, reasons for and forms of state intervention in the real estate market, empirical knowledge of essential state interventions in the housing and land market in Austria, the commercial real estate market in Austria, as well as the role of the real estate market in the national economy.

Part 2:

In small groups, two different development concepts worked out in P1 will be compared according to defined criteria and the most suitable project will be identified and presented in a final presentation.

  • Understanding the framework conditions for the economic assessment of planning measures
  • Knowledge of the methodological foundations of fiscal impact analysis in the context of municipal development planning, zoning and development planning
  • Ability to estimate the community fiscal effects of a planned development of an area in a community 
  • Critical examination of an urban development or spatial planning design from a financial point of view

Subject of course

Part 1:

  • Introduction, terminology and basics of real estate economics
  • Land value and valuation
  • Real estate project development
  • Real estate economics in an economic context
  • Land market and land policy in Austria
  • Housing markets and housing policy in Austria
  • Commercial property market

Part 2:

  • Selection of development projects to be compared (P1 draft) and determination of the relevant planning-related characteristic values for a municipal fiscal impact analysis
  • Estimation of the required capital expenditures as well as the follow-up expenditures and revenues of the planned developments
  • Presentation of the net financial effect of the planned developments on the municipal budget (per year and in total in the form of the fiscal payback period).
  • Critical comparison of the different development variants on the basis of given criteria and economic argumentation in the large group

Teaching methods

Lecture (Part 1)

Application of the fiscal impact analysis method (Part 2)

Mode of examination




Course dates

Fri09:00 - 12:0003.03.2023 - 17.03.2023Seminarraum AE U1 - 3 Immobilienwirtschaft 1
Fri09:00 - 12:0024.03.2023 - 31.03.2023Seminarraum AE U1 - 3 Teil 2: GemFisk (Block 1)
Fri09:00 - 11:0026.05.2023Seminarraum EBEG-2 - RPL Part 2: GemFisk (plenum 3)
Municipal Fiscal Effects of Spatial Planning Drafts - Single appointments
Fri03.03.202309:00 - 12:00Seminarraum AE U1 - 3 Part 1: Immobilienwirtschaft 1
Fri10.03.202309:00 - 12:00Seminarraum AE U1 - 3 Part 1: Immobilienwirtschaft 2
Fri17.03.202309:00 - 12:00Seminarraum AE U1 - 3 Part 1: Immobilienwirtschaft 3
Fri24.03.202309:00 - 12:00Seminarraum AE U1 - 3 Part 2: GemFisk (plenum 1)
Fri31.03.202309:00 - 12:00Seminarraum AE U1 - 3 Part 2: GemFisk (plenum 2)
Fri26.05.202309:00 - 11:00Seminarraum EBEG-2 - RPL Part 2: GemFisk (plenum 3)
Course is held blocked

Examination modalities

Part 1: 

  • Written Exam

Part 2:

  • Exercise with calculation model and NIKK
  • final presentation
  • final report

Course registration

Begin End Deregistration end
15.02.2023 08:00 01.03.2023 16:00 06.03.2023 08:00

Group Registration

GroupRegistration FromTo
GemFisk-G0120.03.2023 00:0027.03.2023 16:00
GemFisk-G0220.03.2023 00:0027.03.2023 16:00
GemFisk-G0320.03.2023 00:0027.03.2023 16:00
GemFisk-G0420.03.2023 00:0027.03.2023 16:00
GemFisk-G0520.03.2023 00:0027.03.2023 16:00
GemFisk-G0620.03.2023 00:0027.03.2023 16:00
GemFisk-G0720.03.2023 00:0027.03.2023 16:00


Study CodeObligationSemesterPrecon.Info
033 240 Spatial Planning Not specifiedSTEOP
Course requires the completion of the introductory and orientation phase


No lecture notes are available.