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A catalogue record for this book is available from the British Library Library of Congress Cataloging-in-Publication data available Printed on permanent acid-free text paper, manufactured in accordance with the proposed ANSI/NISO Z 39.48–199X and ANXI Z 39.48–1984 The publisher makes no representation, express or implied, with regard to the accuracy of the information contained in this book and cannot accept any legal responsibility or liability for any errors or omissions that may be made. Enquiries concerning reproduction outside the terms stated here should be sent to the publishers at the London address printed on this page.

ISBN 8-9 (Adobe eReader Format) ISBN 0 3 (Print Edition) 9 3 (Print Edition) (USA) Apart from any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the UK Copyright Designs and Patents Act, 1988, this publication may not be reproduced, stored, or transmitted, in any form or by any means, without the prior permission in writing of the publishers, or in the case of reprographic reproduction only in accordance with the terms of the licences issued by the Copyright Licensing Agency in the UK, or in accordance with the terms of licences issued by the appropriate Reproduction Rights Organization outside the UK. “To purchase your own copy of this or any of Taylor & Francis or Routledge’s collection of thousands of eBooks please go to © 1993 Stephen E.Hargitay and Shi-Ming Yu ISBN 4-1 Master e-book ISBN

Published by E & FN Spon, an imprint of Chapman & Hall, 2–6 Boundary Row, London SE1 8HN Chapman & Hall, 2–6 Boundary Row, London SE1 8HN, UK Blackie Academic & Professional, Wester Cleddens Road, Bishopbriggs, Glasgow G64 2NZ, UK Van Nostrand Reinhold Inc., 115 5th Avenue, New York NY10003, USA Chapman & Hall Japan, Thomson Publishing Japan, Hirakawacho Nemoto Building, 6F, 1–7–11 Hirakawa-cho, Chiyoda-ku, Tokyo 102, Japan Chapman & Hall Australia, Thomas Nelson Australia, 102 Dodds Street, South Melbourne, Victoria 3205, Australia Chapman & Hall India, R.Seshadri, 32 Second Main Road, CIT East, Madras 600035, India First edition 1993 This edition published in the Taylor & Francis e-Library, 2005. Stephen E.Hargitay Faculty of the Built Environment, University of the West of England, Bristol, UK Shi-Ming Yu School of Building and Estate Management National University of SingaporeĮ & FN SPON An Imprint of Chapman & Hall London Property Investment Decisions A quantitative approach

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