What is it about?
Reviews the conceptual and practical pitfalls undermining income capitalization for asset valuation or project feasibility analyses
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Why is it important?
Alerts decision-makers to pitfalls of inflated valuations, 'white elephant' projects, misguided diagnoses and dangerous financial exuberance
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This page is a summary of: Property investment – A Technical Note on Capitalisation, SSRN Electronic Journal, January 2013, Elsevier,
DOI: 10.2139/ssrn.2240647.
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