The use of direct conversion ratios and the selection of capitalization rates in residential income property appraisal
Two problems were considered in this study. The first was of selecting a capitalization rate under the traditional approach and the second was the use and accuracy of direct conversion ratios, particularly gross income multipliers. The purpose of the study was to resolve any inconsistencies and ir...
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| Language: | English |
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University of British Columbia
2011
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| Online Access: | http://hdl.handle.net/2429/35138 |