Manya M. Mooya

Gebundenes Buch

Real Estate Valuation Theory

A Critical Appraisal

Beschreibung

Thismonograph critically reviews and updates real estate valuation theory, which isbased on neoclassical economics, in light of developments in heterodox economictheory. Building on a comprehensive historical account of the evolution ofvalue theory, the book uses new institutional economics theory and criticalrealism as lenses through which problems in standard valuation theory andpractice are expatiated, and as the foundation for an alternative theory. Thenew theory is employed to explain major problems in real estate valuation thatare beyond the capability of the standard theory, such as price bubbles in realestate markets, anchoring bias, client influence andvaluation under uncertain market conditions.

Autor

Manya M. Mooya holds a PhD in Real Estate from the University of Pretoria, an MPhil in Land Economy from the University of Cambridge and a BSc in Land Economy from the Copperbelt University. He is currently Senior Lecturer in Property Studies in the Department of Construction Economics and Management at the University of Cape Town. He teaches courses on property valuation at both the undergraduate and postgraduate levels. His research work, both theoretical and applied, focuses on the twin questions of how value is created in real estate markets and on the links between these markets and capital accumulation. 

Produktdetails

• Verlag: Springer / Springer Berlin Heidelberg / Springer, Berlin
• Artikelnr. des Verlages: 978-3-662-49163-8
• 1st ed. 2016
• Seitenzahl: 200
• Erscheinungstermin: 29. März 2016
• Englisch
• Abmessung: 241mm x 160mm x 17mm
• Gewicht: 448g
• ISBN-13: 9783662491638
• ISBN-10: 366249163X
• Artikelnr.: 44169193