Option pricing theory to value development land [electronic resource]

Costello, Greg

Option pricing theory to value development land [electronic resource] - London RICS 2010 - RICS Findings in Built and Rural Environments .

Looks at the potential for using option pricing models to value land with development potential. Uses data on residential property and land sales from Perth, Western Australia for the period 1995-2008 to test this valuation method.

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9781842195789


Australia