
CLIMATE CHANGE AND INVESTMENTS FOR URBAN RENOVATION: ASSESSING THE FINANCIAL SUSTAINABILITY WITH THE APPLICATION OF FUZZY LOGIC PRINCIPLES TO REAL ESTATE APPRAISAL
(STEF92 Technology, 2024-11-15, Rocco Murro)
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Climate change requires significant measures to adapt existing cities to new requirements; extensive urban renewal actions are therefore necessary. In order to be financially sustainable, such investments are mainly based on real estate and market operations, also at long term. The current valuation practice would require to resort to appraisal methods based on actual, historical market data, also known as Revealed Preference Methods (RPMs), which allow to derive the preferences expressed by the actions of market....
