"The only function of Economic Forecasting is to make Astrology look responsible." John Kenneth Galbraith (1908-2006) The standards that are taught in academia are the three approaches to value. They each have strengths and weaknesses. In the absence of comparable sales, and even with comparable sales being available, lenders have gone to the income approach [...]The post Do appraisal methods commonly used internationally meet acceptable standards? appeared first on DLS Marine.