Self-regulation in the office property market
Mulhall, T.
Self-regulation in the office property market - 1992 - Journal of Property Valuation and Investment 11(1) Autumn 1992, 28-40(13) .
Examines the failure of the City of Lonodn office market over the last thirty years to transmit information on impending oversupply to developers as the market moved towards the top of the demand cycle. The resulting collapse in investment values and the exposure of the banking system to large scale non-performing loans provides a picture of potential destabilising market value. In order to prevent oversupply occuring and thereby secure investment values, a form of self-regulation is proposed. (Journal abstract).
CITY OF LONDON
CYCLICAL MARKETS
DEMAND FORECASTING
INTERVENTION
INVESTMENT MARKET
MARKET FAILURE
PROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY-OFFICE PROPERTY MARKET
OVERSUPPLY
PLANNING CONTROL
PROPERTY CYCLES
PROPERTY MARKET
SELF-REGULATION
SUPPLY AND DEMAND
VACANCY RATES
Self-regulation in the office property market - 1992 - Journal of Property Valuation and Investment 11(1) Autumn 1992, 28-40(13) .
Examines the failure of the City of Lonodn office market over the last thirty years to transmit information on impending oversupply to developers as the market moved towards the top of the demand cycle. The resulting collapse in investment values and the exposure of the banking system to large scale non-performing loans provides a picture of potential destabilising market value. In order to prevent oversupply occuring and thereby secure investment values, a form of self-regulation is proposed. (Journal abstract).
CITY OF LONDON
CYCLICAL MARKETS
DEMAND FORECASTING
INTERVENTION
INVESTMENT MARKET
MARKET FAILURE
PROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY-OFFICE PROPERTY MARKET
OVERSUPPLY
PLANNING CONTROL
PROPERTY CYCLES
PROPERTY MARKET
SELF-REGULATION
SUPPLY AND DEMAND
VACANCY RATES