The module provides students with an introduction to the principles of real estate valuation before going on to pose and answer a series of questions about how the state might regulate built environment outcomes. Having completed this module students will have acquired an in-depth understanding of how real estate developers evaluate site viability and how government’s work with developers to ensure consented development is accompanied by the requisite infrastructure. The module is evaluated by a piece of coursework centred around the evaluation of development proposal and an unseen written examination.