000			02317nam a22002417a 4500
005			20230510122834.0
008			230510b ph ||||| |||| 00| 0 eng d
020			_a9780367539078 _qPaperback
040			_aPCUS
050	0	0	_aHD1387 G63 2022
100	1		_aGoddard, G. Jason
245	1	0	_aReal estate valuation : _ba subjective approach / _cG. Jason Goddard
260			_aNew York, NY : _bRoutledge _c2022
300			_axi, 225 pages : _billustrations ; _c25 cm.
504			_aIncludes bibliographical reference
505			_a1. From Austrian value subjectivity to Shackle's possibility curve -- 2. The role of machine learning and artificial intelligence in real estate valuation -- 3. Overview and pitfalls of home valuation subjectivity -- 4. Subjectivity of commercial real estate valuation -- 5. Market participant value perceptions -- 6. Subjectivity of cap rates, discount rates, and debt yields -- 7. Subjectivity in hotel property valuation -- 8. Discounted sellout and subjectivity -- 9. Mortgage-backed securities and subjectivity -- 10. The provocation of time.
520			_a"Real Estate Valuation: A Subjective Approach highlights the subjective valuation components of residential and commercial real estate which can lead to a range of acceptable property value conclusions. It discusses the causes of housing booms and goes in depth into the heterogeneity of commercial real estate property valuation via examples from owner occupied, multi-family residential, hotel, office, retail, warehouse, condo conversion, and mortgage backed securities areas of real estate. Other topics explored include the role of machine learning and AI in real estate valuation, market participant value perceptions, and the challenge of time in the valuation process. The primary theoretical basis for the range of acceptable values and the subjectivity of property valuation focuses on the work of G.L.S. Shackle from the Austrian School of Economics"-- Provided by publisher
650		0	_aReal property _vValuation
650		0	_aInformation technology _vManagement
650		0	_aArtificial intelligence _vEconomic aspects
999			_c6431 _d6431