Journal of Property Finance: Volume 5 Issue 2

The Olympia and York Crisis: Effects on the Financial Performance of US and Foreign Banks

Chinmoy Ghosh, S. Guttery, C.F. Sirmans

Olympia and York (O&Y), the world′s largest privately held real estatedeveloper, filed for bankruptcy in Canada, the US and the UK in May1992. The study of O&Y′s impact on banks�…

Housing as an Investment? : A Comparison of Returns from Housing with Other Types of Investment

Norman E. Hutchison

Considers whether housing has been a successful investment for the homeowner during the period 1984‐1992, in absolute terms and in comparisonwith other investment media such as…

Finance Act 1994: Capital Allowances

Andrew Green

The Finance Act 1994 introduced the most significant changes to the lawon capital allowances and property for nearly a decade. Focuses onthese changes and examines their impact on…