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Depreciation, Systematic and Specific Sources
Depreciation, Systematic and Specific Sources
Depreciation, Systematic and Specific Sources
13. Suggests that factors, which may cause a particular site or location to
obsolete, include deterioration in accessibility, factors specific to site (such
as size), environmental and other market-wide factors such as the level of
economic activities in the area.
15. The factors are particularly concern with the national economy which
in turn influence the level of business activities hence determines the
demand for property. Consequently, this can be regarded as another
depreciation factor. Whilst property characteristics can be specific
dimension, market wide-factors can be treated as systematic aspect of
depreciation.