Journal of Valuation: Volume 4 Issue 4

THE VALUATION OF SHORT LEASEHOLD INVESTMENTS

ANDREW BAUM, DEREK BUTLER

The valuation of short leasehold investments has become a subject of debate over the past few years. Concern has been centred upon the suitability of conventional valuation…

SUPPLY ELASTICITY AND THE RENTAL VALUE OF INVESTMENT PROPERTY

WILL FRASER

Investment returns from property derive from rental income and change in value, and a property's value is a function of the current rent and the expected future rent. So…

TOWARDS A MORE FLEXIBLE APPROACH TO VALUATION FORMULAE

RONALD BARHAM

Several anomalies exist between current valuation theories and the various practices in use in the financial world. Most practitioners are aware that the traditionally used…

EXPERT SYSTEMS — KNOWLEDGE ELICITATION FROM BUILDING SOCIETY VALUERS

STUART GRONOW, IAN SCOTT

Expert systems are currently being developed in many and varied professions. A major problem however is the extraction of knowledge from the required expert in order that it can…