By Manya M. Mooya
This monograph severely experiences and updates genuine property valuation conception, that's in keeping with neoclassical economics, in mild of advancements in heterodox fiscal concept. development on a finished historic account of the evolution of price thought, the e-book makes use of new institutional economics thought and demanding realism as lenses by which difficulties in general valuation concept and perform are expatiated, and because the beginning for an alternate idea. the recent thought is hired to provide an explanation for significant difficulties in actual property valuation which are past the aptitude of the normal concept, equivalent to expense bubbles in genuine property markets, anchoring bias, customer impression and valuation lower than doubtful industry conditions.