April 2018
Intermediate to advanced
256 pages
7h 35m
English
Until now, we’ve focused our analysis on an existing productive asset—archetypically, a rental property. Such assets represent the bulk of real estate investment in many countries, and they are, in some sense, the primal or underlying asset of real estate. They provide productive services for long periods, evidenced by the rental income flow that they do, or could, generate. ...