Journal of Valuation: Volume 4 Issue 3

A NOTE OF THE ANALYSIS OF DEPRECIATION AND OBSOLESCENCE

GERALD BROWN

Analysing depreciation and obsolescence requires a model which separates the effect of abnormal changes in the market from the underlying growth trends. The model presented by…

PROPERTY YIELD TRENDS IN A FLUCTUATING ECONOMY

WILL FRASER

In the 1970s, yields on UK commercial investment property appear to have been influenced principally by the cost of long term capital and the rate of rental growth. Consequently…

THE APPLICATION OF EQUATED YIELD AND REAL VALUE APPROACHES TO MARKET VALUATION: 2: Equivalent Yield or Equated Yield Approaches?

NEIL CROSBY

In Part One of this paper, the logical basis of the conventional approach was examined and found to be wanting. The contemporary approaches have a more logical basis but the…

MORTGAGE‐EQUITY CASH FLOW ANALYSIS

JON ROBINSON

This paper synthesises the mortgage‐equity capitalisation technique, often used in property investment analysis and valuation practice in the United States of America, and the…

INVESTMENT PROFILES

DUDLEY LEIGH

The object of the Investment Profiles is to expose the bidden assumptions which lie behind valuations of investment properties, and in doing so to provide a more objective…