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dc.contributor.authorBendall, P. G.
dc.date.accessioned2015-02-11T02:50:43Z
dc.date.available2015-02-11T02:50:43Z
dc.date.issued2002
dc.identifier.urihttps://hdl.handle.net/10182/6436
dc.description.abstractRisk and return is critical to the decision making process in residential subdivisions yet its treatment has generally been on an ad hoc or rule of thumb basis. Much of the written knowledge base on this subject is dated and very little has been written on the use of DCF for analysing residential subdivisions. Further, while there is a great body of information relating to risk assessment/analysis the written material in relation to residential subdivisions is minimal. This dissertation centralises much of the existing written knowledge base and considers the use of DCF in a residential subdivision context. Risk assessment/analysis is also viewed solely in a residential subdivision context. The DCF approach and hypothetical subdivision approach were identified as having some validity for predicting the risk/return for residential subdivisions. Through the use of case studies and sensitivity testing a practical framework for predicting the risk I retum trade-off for residential subdivisions has been established and this clearly demonstrates that an adjusted DCF using split discount rates is a superior approach to the hypothetical subdivision approach.en
dc.language.isoenen
dc.publisherLincoln Universityen
dc.rights.urihttps://researcharchive.lincoln.ac.nz/page/rights
dc.subjectreal estate investmenten
dc.subjectmathematical modelsen
dc.subjectinvestment analysisen
dc.subjectrisk managementen
dc.subjectdiscounted cash flowen
dc.titleAn investigation into the use of discounted cash flow techniques for predicting the risk/return trade-off for residential subdivisionsen
dc.typeDissertationen
thesis.degree.grantorLincoln Universityen
thesis.degree.levelMastersen
thesis.degree.nameMaster of Property Studiesen
lu.contributor.unitDepartment of Agricultural Management and Property Studiesen
dc.rights.accessRightsDigital thesis can be viewed by current staff and students of Lincoln University only. Print copy available for reading in Lincoln University Library. May be available through inter-library loan.en
dc.subject.anzsrc150403 Real Estate and Valuation Servicesen
dc.subject.anzsrc150205 Investment and Risk Managementen


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