THE INVESTMENT METHOD OF VALUATION: A REAL VALUE APPROACH: 2 Available to Purchase

It is important to question the suggestion that there is no distinction between inflation and growth. An illustration of the applications will show that the hybrid between the real value and equated yield approaches enables valuers to place the right ‘type’ of yield on differing types of income or capital value, ie high yields when rents are unable to be reviewed, low yields when rents are able to be reviewed continually and moderate yields when the income in partially proofed.