Wednesday, August 3, 2011

Real Estate | Space versus Asset

"...The distinction between real estate as space and real estate as an asset is most clear when buildings are not occupied by the owners..."

-Denise DiPasquale & William C. Wheaton; in "The Market for Real Estate Assets and Space: A Conceptual Framework; Journal of American Real Estate and Urban Economics Association; 1992; Vol 20 Issue 1; page 180"

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