Lecture

Investment Horizon: Real Estate Economics I

Description

This lecture discusses the concept of an infinite number of incomes in real estate investment, analyzing the impact of different investment horizons on the present value of future cash flows. It explores the simplification of terminal values and reflects on the Discounted Cash Flow method, emphasizing its demanding nature and the need for trust in rationality. The lecture concludes by highlighting that the method is not the only approach for property valuation.

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