引进资本重获率对收益法的改进分析

从资本回收的角度出发,指出了房地产估价的传统资本化理论存在的问题,分析了基于传统资本化理论的收益法的估价偏差.并根据投资的独立性和投资收益与投资风险的关系,在传统收益法中引入了资本重获率,解决了再投资收益的归属问题,排除了传统收益法的估价偏差,对收益法作了合理的改进.

Analysis to Improvement of Income Approach as a Result of the Introduction of Capital Regain Rate

From the perspective of capital recovery,the problems of the traditional theory of capitalization is pointed out,analyzed the estimate deviation of income approach based on the traditional theory of capitalization. And in accordance with relations of the independence of investment and investment income and investment risk ,introducd capital regain rate in the traditional income approach,and then solved the problem of the attribution of re-investment income,excluded the estimate deviation of the traditional ...