A Model to Decompose Property Rental Multipiers with Regard to the Division Between Land and Building Elements
We propose a new model for the decomposition of rental multipliers for the property building element which also supports valuation of income-producing real properties based on the principle of stability and an un-orthodox application of discounted cash flow analysis. Having regard to the building/la...
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| Format: | Article |
| Language: | English |
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Sciendo
2016-03-01
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| Series: | Real Estate Management and Valuation |
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| Online Access: | https://doi.org/10.1515/remav-2016-0005 |