Suka Artikel ini Download PDF
FABIAN THIEL, Germany
Due to a change in national legislation in 2002 (âLaw on legalizing of professional sexworkersâ),
professional nightclub labor is moving to the real estate marketplaces in Germany,
along with an intense development of these specialized entertainment assets. By defining
several streets as âexclusion areasâ through planning mechanisms (zoning) since the 1960s for
street and in-house prostitution, the zoning, clustering and agglomeration of entertainment
properties caused an increase of land values. Derived from this case-study, the purpose of my
paper is to highlight the following methodical questions and topics: Why is the cooperation
between landowners of these estates with the planning and taxation/valuation authorities
mostly rare? Even by using the profit method to appraise the market value, the attributes of
entertainment assets are hard to determine since likely turnover data, maintenance costs,
expenditures (cleaning, heating, security patrols, bribe money etc.) and taxation are hidden
dimensions; income streams are vague.
Sila klik pada butang DOWNLOAD PDF untuk muat turun dan membaca artikel penuh.
Suka Artikel ini