American Association of Geographers American Association of Geographers

Jeanette Rice - Real Estate Analyst


Jeanette Rice

" I grew up a geographer although I didn' t know it. My family was very oriented toward learning about the world around us, " says Jeanette Rice, Vice President for research with AMRESCO, " so, as a child, I took a lot of trips, read about places, and went exploring. "

Today, Rice directs the activities of a research department for a real estate financial services firm, where her department' s primary focus is on commercial real estate market analysis. " My work is very geographic, very spatial, and very much economic geography, " continues Rice, " I look at the real estate landscape of cities. " She does a lot of reading, writing, and reviewing what is happening economically around the world. " For example, I would look at Boeing 747 plants in Seattle, Washington and what impact their lay-offs will have on the local economy, " says Rice, " Last week I was in Los Angeles, California discussing the economy and apartment market conditions with Fannie Mae. " Where the major industries are and what issues impact the economy are all things that Rice must examine about cities.

"My undergraduate and graduate work is infinitely useful in terms of thinking about spatial dynamics and relationships and whole social systems in the world, " says Rice, " My university education also gave me the writing, reading, and critical thinking skills that I use everyday. "

Rice sees a lot of potential for geographers in research and thinks that real estate research is getting a lot more respect than it had ten years ago. " Research is a more important part of the real estate industry and geographers are well suited to do this kind of research, " says Rice, " They don' t know everything but they have a really good foundation. "

A I noticed a trend developing in geography, " says Rice, " Geography programs are getting away from offering regional geography courses and I think that we need more of them. " When Rice first went to college, she wanted to study Meteorology. She soon discovered that it was too much calculus and by then she had fallen in love with history. " My undergraduate degree was in history, " says Rice, " But I took a lot of geography courses. " Rice has her Master' s degree and two years toward her Ph.D. in historical urban geography.

"I believe that everyone should get a liberal arts education and I believe that geography is a perfect one, " says Rice, " Everyone should take some art history, should travel, and I think that every person should live abroad for a year. " " It doesn' t matter where, " continues Rice, " So that they can better understand the world and open their eyes to the fact that not everything we do is the right way and there are other ways of doing things. " Rice encourages students to take more regional analysis, writing, and business classes in order to be a well-rounded citizen and to be more equipped for the business world.

Jeanette Rice is using her education as a geographer to shape the real estate market of cities -- one at a time.


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