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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/10007386943
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/10012912937
Persistent link: https://www.econbiz.de/10010151268
Persistent link: https://www.econbiz.de/10003397505
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