TY  - JOUR
AB  - Responds to “A note on ‘The initial yield revealed: explicit valuations and the future of property investment’” published in an earlier issue of the Journal of Property Valuation & Investment. Addresses issues raised and develops and extends the organizations of the original paper, in particular: definitions of certain concepts; the determination of value; the need for explicit valuations; price formation in the property market; and the influence of valuation on price. Reiterates the purposes of the original worked example of valuations; produces a corrected version; and in an appendix presents extended solutions and a fuller discussion of the central issues.
VL  - 14
IS  - 1
SN  - 0960-2712
DO  - 10.1108/14635789610107480
UR  - https://doi.org/10.1108/14635789610107480
AU  - Baum Andrew
AU  - Crosby Neil
AU  - MacGregor Bryan
PY  - 1996
Y1  - 1996/01/01
TI  - Price formation, mispricing and investment analysis in the property market: A response to “A note on ‘The initial yield revealed: explicit valuations and the future of property investment’”
T2  - Journal of Property Valuation and Investment
PB  - MCB UP Ltd
SP  - 36
EP  - 49
Y2  - 2024/04/24
ER  -