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Real Estate and Economy
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ISBN
:
9789381385296
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Publisher
:
Ancient Publishing House
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Subject
:
Finance & Accounting
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Binding
:
Hardcover
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Pages
:
272
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Year
:
2011
₹
650.0
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507.0
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Description
The need for appraisal arises from the heterogeneous nature of property as an investment class: no two properties are identical, and all properties differ from each other in their location which is one of the most important determinants of their value. So there cannot exist a centralized Walrasian auction setting for the trading of property assets, as there exists for trade in corporate stock. The absence of a market based pricing mechanism determines the need for an expert appraisal/valuation of real estate/property.
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Author Biography
Dr. B.D. Sharma (1958) has obtained M.A. (Eco.), B.Ed and Ph.D. Degrees from Hemwati NandanBahuguna University, Garhwal. Presently, working as Lecturer in Distt. Chamoli Garhwal and imparting education to the students. He has also contributed articles for the journals of repute. His prime motive is to impart education to the society and make them aware about how to find out new opportunities of employment and make them self dependent in life.Table of ContentsPreface Real estate appraisal Real estate Bubble and countries Real estate financing Diamond-Dybvig model Mortgage backed security and bond Ecological economics and economist Debt consolidation Sortition and subsidiarity Community Reinvestment Act American recovery and Reinvestment Act of 2009 Subprime crisis impact timeline Index
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