| 000 | 01397cab a2200325 4500 | ||
|---|---|---|---|
| 001 | ABS46051 | ||
| 008 | 090401t1992 xxu||||| |||| 00| 0 eng d | ||
| 035 | _a(Sirsi) u56578 | ||
| 041 | _aeng | ||
| 100 | _aFiedler, L. | ||
| 245 | 4 | _aThe misuse of DCF analysis | |
| 260 | _c1992 | ||
| 350 | _a0 | ||
| 490 |
_aReal Estate Review _v22 (1) Spring 1992, 18-22(5) |
||
| 520 | _aArgues that lenders and investors have misunderstood real estate values over the past 15 years, which had they been more aware of the elements of real estate valuation, might have been able to avoid the current slump in the US commercial property market. This article sets out to examine why real estate investors and financiers were unable to establish an understanding of the value of income-producing real estate. Looks at changing valuation techniques and the influence of DCF (discounted cash flow) on appraisal decisions. | ||
| 650 | _aAPPRAISAL TECHNIQUES | ||
| 650 | _aDISCOUNTED CASH FLOW | ||
| 650 | _aECONOMIC ANALYSIS | ||
| 650 | _aECONOMICS | ||
| 650 | _aFINANCE | ||
| 650 | _aINTERNAL RATE OF RETURN | ||
| 650 | _aIRR | ||
| 650 | _aPROPERTY INVESTMENT | ||
| 650 | _aVALUATION METHODS | ||
| 690 | _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY APPRAISAL AND VALUATION | ||
| 690 | _aOVERSEAS-NORTH AMERICA | ||
| 690 | _aRATING AND VALUATION | ||
| 942 | _n0 | ||
| 948 | _c04/03/1997 | ||
| 999 |
_c34515 _d34515 |
||