Measurement and quantification of obsolescence: economic obsolescence
Remsha, M
Measurement and quantification of obsolescence: economic obsolescence - 2002 - New Zealand Property Journal November 2002, 7-14(8) .
Economic obsolescence (EO) is the loss in value resulting from influences external to the property itself. Contains calculations to quantify EO, and concludes that it is present when better opportunities exist for an investment, usually when a government steps in and attempts to control the market through regulations. Then EO is created externally to reduce the value of assets.
OBSOLESCENCE
Measurement and quantification of obsolescence: economic obsolescence - 2002 - New Zealand Property Journal November 2002, 7-14(8) .
Economic obsolescence (EO) is the loss in value resulting from influences external to the property itself. Contains calculations to quantify EO, and concludes that it is present when better opportunities exist for an investment, usually when a government steps in and attempts to control the market through regulations. Then EO is created externally to reduce the value of assets.
OBSOLESCENCE