Showing 1 - 6 of 6
This study explores the basic premise that depreciation/obsolescence will systematically vary by location and sets out to assess the spatial dimension to these processes. A series of hypotheses linking differential locational rates of depreciation within a framework of local industrial property...
Persistent link: https://www.econbiz.de/10010623816
The starting point for this paper is the argument that increased weight of money into commercial property in this decade has led to a convergence of UK provincial city office yields. The paper begins by reviewing the concept of a property yield cycle and the notion of a city risk premium, and...
Persistent link: https://www.econbiz.de/10010623838
Due to a combination of government planning policies and market pressures in England in the period 2000--2008, there was an increase in the construction of flats and high-density developments and a decline in the construction of houses. In this paper, an analysis of the effects of these policy...
Persistent link: https://www.econbiz.de/10010690809
Persistent link: https://www.econbiz.de/10010690808
House builders are the interface between the land and housing markets, determining present land values by forecasting future house prices and construction costs. The literature establishes that land values are derived from house prices and construction costs but that this relationship may be...
Persistent link: https://www.econbiz.de/10010623758
This paper sets out to assess the underlying influences on urban retail rents. A cross-sectional model of retail rents is developed and tested for 29 Scottish towns in 1989 using regression analysis. A series of specific variables are constructed for these towns partly by reference to a gravity...
Persistent link: https://www.econbiz.de/10010623771