| 000 | 01046cab a2200265 4500 | ||
|---|---|---|---|
| 001 | ABS54825 | ||
| 008 | 090401t1996 xxu||||| |||| 00| 0 eng d | ||
| 035 | _a(Sirsi) u12409 | ||
| 041 | _aeng | ||
| 100 | _aHendershott, P.H. | ||
| 245 | _aValuing properties when comparable sales do not exist and the market is in disequilibrium | ||
| 260 | _c1996 | ||
| 350 | _a0 | ||
| 490 |
_aJournal of Property Research _v13(1) March 1996, 57-66(10) |
||
| 520 | _aUsing the value/replacement cost ratio for the 1992 Sydney office market as an example, the author argues that when carrying out property market valuations when the market is in a state of disequilibrium, cash flows need to be forecast only until equilibrium is reached at which point value equals depreciated replacement cost. | ||
| 650 | _aCASH FLOWS | ||
| 650 | _aDEPRECIATED REPLACEMENT COST | ||
| 650 | _aDISEQUILIBRIUM | ||
| 650 | _aDRC | ||
| 650 | _aPROPERTY MARKET | ||
| 650 | _aVALUATION METHODS | ||
| 690 | _aRATING AND VALUATION | ||
| 942 | _n0 | ||
| 948 | _c04/03/1997 | ||
| 999 |
_c7931 _d7931 |
||