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Self-regulation in the office property market

By: Language: English Series: Journal of Property Valuation and Investment ; 11(1) Autumn 1992, 28-40(13)Publication details: 1992Subject(s): Summary: 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).

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).