.... Applies an arbitrage method based on market pricing which enables consistent valuations of different investment opportunities to be compared in a rigorous yet consistent approach. In this way the value of the upwards‐only option can be assessed. Uses the arbitrage approach to value the difference between...

... that property has an intrinsic value which can only be estimated by the initiated. The idea that there is a true or underlying value as distinct from market price is a siren song which is at its most seductive in the aftermath of a property market crash. Wendt(1956, p. 5) has given some examples from...

...David Gane Advances an alternative method of analysing the market price of leasehold investments for use when assessing the market price of a comparable investment. The method can be adapted to evaluate investment worth by substituting rental growth forecasts for those implied by market price...

... in rental growth until the real rental values recovered their pre‐1990 level. In some cases this was not expected to happen before the end of the lease, as inflation and real growth forecasts were both very bearish at the time. © MCB UP Limited 1995 Market pricing Prices...