This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1922 Excerpt: ... requires valuation based on annual yield. It must be borne in mind, however, that the correlation between rental value and selling value is not an exact one, and that no precise relationship between them exists. Future changes in annual income must be taken into account, and they are taken into account to some extent ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1922 Excerpt: ... requires valuation based on annual yield. It must be borne in mind, however, that the correlation between rental value and selling value is not an exact one, and that no precise relationship between them exists. Future changes in annual income must be taken into account, and they are taken into account to some extent even in the valuations upon which the Federal Land Banks make their loans. This, however, is a dangerous practice unless it is held within very narrow limits, for there is usually too much optimism in judging future increases in rental value, with the result that the land is over-valued. Interest rates and land value. Interest rates are always reflected in the selling value of land; and ether things being equal, the lower the rate, the higher the selling price of land, because future Income will be discounted at a lower rate in estimating its present worth. Reasons have already been stated which explain why land values are high compared with the capitalization of present income at the current rate of interest. It is a common phenomenon that, in the old established countries of the world, fluid capital yields a higher rate of return than is represented by the ratio of income from land to the selling value of land. It may be asked, how can we prevent people from buying land at a price that will yield only four per cert? We can not do it; the demand for land is great because it is an investment favored by vast numbers" Taxes which have reduced selling values in England have not advanced prosperity; they have lessened the inclination of farmers to buy land because of the menace of further increases in taxation. It will be recalled, also, that part of the selling value of land is the capitalization of the psychic income afforded by the amenit...
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Add this copy of Outlines of Land Economics; Volume 2 to cart. $25.24, new condition, Sold by Books2anywhere rated 5.0 out of 5 stars, ships from Fairford, GLOUCESTERSHIRE, UNITED KINGDOM, published 2022 by LEGARE STREET PR.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Add this copy of Outlines of Land Economics; Volume 2 to cart. $36.49, new condition, Sold by Paperbackshop International rated 2.0 out of 5 stars, ships from Fairford, GLOS, UNITED KINGDOM, published 2022 by Creative Media Partners, LLC.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
Add this copy of Outlines Of Land Economics; Volume 2 to cart. $29.57, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Legare Street Press.
Add this copy of Outlines Of Land Economics; Volume 2 to cart. $39.01, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Legare Street Press.
