Redevelopment of Property
Redevelopment of Property: One property or an entire suburb!
- Timing
- The rate of development
Urban Land Economics 2004; Jack Harvey and Ernie Jowsey
As can be seen from the above graph is that with the acquisition, the use of the building for income generation takes priority. The land presents a secondary value apportionment. Let us assume that the economical lifespan of the building is 25 years, which is presented by the figure Z.