Building for profit; principles governing the economic improvement of real estate (1911)
Bolton, Reginald Pelham, 1856-1942 · New York, The De Vinne Press · leaf 29
land would be, and from any assumed increased valueof the land there must annually be deducted the interest thereon,at the rate which the land is actually earning. The rate of annual net return upon the building should besuch as to include in itself an amount which at compound inter-est will return… … * o C. C3 J3 II APPRECIATION OF VALUE OF LAND IF the earning capability of a building should, for any cause,fall below the point where the return upon the investedvalue is less than market rate, then the only means of re-habilitation of the impaired capital, or provision of security forthe…
Building · Real estate business
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