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Updated almost 8 years ago on . Most recent reply

Books on real estate market valuation
Hi there,
I am looking for some solid books on valuation and finance of real estate in general. Question I seek to answer are such as 1) what is a good cap-rate relative to the risk free rate/mortage rate? How to determine potential bubbles or overvalued/undervalued markets etc.
I am from northern europe where caprates typically lie in 2.5-3% range at the moment, hence my asking.
Does anybody know, where I might get such questions answered?