At the end of the 1960s, a trend in the development of computer technology was initiated by a series of hardware and software changes which made possible the launch of the first IBM personal computer. This trend, which amounted to a more or less continuous improvement in the price/performance ratio in computing, has continued virtually unabated to the present day. It is this trend which has — more than any other facilitating factor — rendered possible the development of the sophisticated property portfolio analysis systems (PPAS) which are now so central to the investment strategy formation procedures of property fund managers.
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- Computer-Based Property Portfolio Analysis
- Macmillan Education UK