Chapter 2

The GE Relativity

and the comment of th

"Relativity is the conundrum, and

landlord, will only settle on the Gerald Eve graph which shows x%” and, once the poor lessee caves

in, “ that shows how good the GE graph is

"Based" on research conducted in 1996 but having such research interpreted

described statistics

" Statistics are like a drunk with a lamp post: used more for

In the case of the 1996 Grosvenor financed Gerald Eve

higher Premiums

The above research resulted in an

the circumference of the circle to its diameter, contributing

Premium by the Leaseholders Value

To start with, it was constructed on the

25, 30, 40, 55, 75, 90

( see Chapter 1 for definitions )

Chapter 2 - Part 1 - The Gerald Eve Relativity curve a

Relativity has much to be desired

comment of the Land Reform specialist in Chapter

"Relativity is the conundrum, and

landlord, will only settle on the Gerald Eve graph which shows x%” and, once the poor lessee caves

that shows how good the GE graph is

"Based" on research conducted in 1996 but having such research interpreted

described statistics

Statistics are like a drunk with a lamp post: used more for

In the case of the 1996 Grosvenor financed Gerald Eve

higher Premiums, without being drunk, except

The above research resulted in an

the circumference of the circle to its diameter, contributing

Premium by the Leaseholders Value

To start with, it was constructed on the

25, 30, 40, 55, 75, 90 ( connecting the value at 5 with the zero value at 0 ) and, then, these

( see Chapter 1 for definitions ) values were connected with

1

The Gerald Eve Relativity curve anomalies

has much to be desired, beyond and above the

e Land Reform specialist in Chapter

"Relativity is the conundrum, and there is a very real risk that it is a circular argument i.e.” we, the

landlord, will only settle on the Gerald Eve graph which shows x%” and, once the poor lessee caves

that shows how good the GE graph is ”

"Based" on research conducted in 1996 but having such research interpreted

Statistics are like a drunk with a lamp post: used more for

In the case of the 1996 Grosvenor financed Gerald Eve Relativity curve "

, without being drunk, except, maybe,

The above research resulted in an "eternal" standard

the circumference of the circle to its diameter, contributing

Premium by the Leaseholders Value

To start with, it was constructed on the basis of 9 value points only

connecting the value at 5 with the zero value at 0 ) and, then, these

values were connected with

nomalies

, beyond and above the opening paragraph of Chapter 1

e Land Reform specialist in Chapter 1.

there is a very real risk that it is a circular argument i.e.” we, the

landlord, will only settle on the Gerald Eve graph which shows x%” and, once the poor lessee caves

"Based" on research conducted in 1996 but having such research interpreted in the way

Statistics are like a drunk with a lamp post: used more for support than illumination"

Relativity curve "support

for profits

" standard, like the speed of light and the ratio of

the circumference of the circle to its diameter, contributing over 85%

basis of 9 value points only, namely for the yea

connecting the value at 5 with the zero value at 0 ) and, then, these

values were connected with straight lines.

opening paragraph of Chapter 1

there is a very real risk that it is a circular argument i.e.” we, the

landlord, will only settle on the Gerald Eve graph which shows x%” and, once the poor lessee caves

in the way Churchill

than illumination".

support" for building

like the speed of light and the ratio of

to the ratio of the

, namely for the years 5, 15, 20,

connecting the value at 5 with the zero value at 0 ) and, then, these GE LVR

The direct consequence

second GE

direct consequence of the above GE construction actions, lead to the following for the first and

second GE Rates of Change.

2

of the above GE construction actions, lead to the following for the first and

of the above GE construction actions, lead to the following for the first and of the above GE construction actions, lead to the following for the first and

A further proof that GE is "

25 Lease years unexpired

All other FHV / LHV

A further proof that GE is "man made

Lease years unexpired

All other FHV / LHV ratios are non integers

3

man made" is that the ratio of

non integers

ratio of FHV / LHV @ is an integerinteger, only at 10 and

Viewing the

with a constant i

Upon scrutiny

GE LVR = 1

GE FVR = [ 1 + i (

with GE i (

the GE LVR curve, one gets

constant i, as used in the Investment & Economics world

Upon scrutiny, it emerges that GE

LVR = 1 - [ 1 + i ( x ) to the minus x ]

= [ 1 + i ( x ) to the minus x ]

i ( x ) being a peculiar curve

4

curve, one gets the impression that it is of the

Investment & Economics world

GE can be expressed as:

to the minus x ]

) to the minus x ]

peculiar curve ( "purpose built" ?!

the impression that it is of the type 1 - ( 1 + i ) to the minus x

Investment & Economics world. It is not !

can be expressed as:

! ) with the i ( 5 years ) = the i (

( 1 + i ) to the minus x,

years ) = the i ( 80 years ) !

Can Gerald Eve or Grosvenor

common currency

Corollary

with the maximum at 45 years and

Can Gerald Eve or Grosvenor or anybody using the GE Relativity curve on a daily basis

common currency, justify the above spectrum of rates?

to the above is the Mean Life Time ( MLT )

maximum at 45 years and

5

or anybody using the GE Relativity curve on a daily basis

justify the above spectrum of rates?

Mean Life Time ( MLT ) of the GE. A y

maximum at 45 years and the GE MLT at 5 years the same with the

or anybody using the GE Relativity curve on a daily basis

justify the above spectrum of rates?

of the GE. A years' unexpired

5 years the same with the GE

or anybody using the GE Relativity curve on a daily basis, as if it were

unexpired dependent MLT,

GE MLT at 80 years, a

kink at 5 years and a

level of 0,975 at 90.

Hence, other Relativities

( x ), being the

would, at least,

at 5 years and a quick drop from 80 to 90 years in an effort to bring the

of 0,975 at 90.

other Relativities, like the

being the [ 1 - ( 1 + i ) to the minus x

, at least, not go against the Investment & Economic norms & principles

6

from 80 to 90 years in an effort to bring the

, like the MIT 5% LVR ( x ) or the MIT

( 1 + i ) to the minus x curve with the same Relativities as GE at 0

the Investment & Economic norms & principles

from 80 to 90 years in an effort to bring the GE

or the MIT 4,184% LVR ( x ),

the same Relativities as GE at 0

the Investment & Economic norms & principles,

GE LVR at the chosen

the MIT 4,184% LVR

the same Relativities as GE at 0 and 90 years,

, like the GE does.

Investment & Economics norms & principles based alternatives to the GE Relativity

MIT 5% LVR = [ 1

MIT 5% FVR = [ ( 1 +

Same for

In that case, "

Or, at least, "

and

[ MIT 5% L

Plotting Investment & Economics norms & principles Relativity

GE graphs

reveals more vividly the Premium boosting

GE has designed the

- dropping

- almost steady for

- climbing for

- rapidly climbing for the last

Does Grosvenor or Gerald Eve have an answer as to how this picture emerged from the 1996

research or which are the Investment and Economics norms and principle

This GE design pattern is reflected in the

Investment & Economics norms & principles based alternatives to the GE Relativity

LVR = [ 1- ( 1 + 0,05 ) to the minus x ]

FVR = [ ( 1 + 0,05 ) to the minus x ]

Same for MIT 4,184%, with ( 1 +

In that case, "MIT 5%" replaces "

, at least, "MIT 4,184%" replaces "

LHV ( x ) ] = [ MIT 5% based

Plotting Investment & Economics norms & principles Relativity

GE graphs on the Natural Logarithmic scale

eveals more vividly the Premium boosting

GE has designed the Ratio of [ FVR / LVR

dropping for 30 years, from 5 years to 35 years

almost steady for 5 years, from 30 to 35 years

climbing for 30 years until it reaches the level of 5 at 80 ( 80 + rule ! )

climbing for the last 10 years

Does Grosvenor or Gerald Eve have an answer as to how this picture emerged from the 1996

research or which are the Investment and Economics norms and principle

This GE design pattern is reflected in the

7

Investment & Economics norms & principles based alternatives to the GE Relativity

) to the minus x ]

) to the minus x ]

0,5 ) becoming ( 1 + 0,4184

replaces "GE", right from the very beginning of the process

replaces "GE", right from the very beginning of the process.

based FH ( x ) ] [ MIT 5%

Plotting Investment & Economics norms & principles Relativity

Natural Logarithmic scale and, also, looking at the

eveals more vividly the Premium boosting construction of the GE.

FVR / LVR ] = μ

years to 35 years

from 30 to 35 years

until it reaches the level of 5 at 80 ( 80 + rule ! )

10 years to 90, in order to balance the GE actions described above

Does Grosvenor or Gerald Eve have an answer as to how this picture emerged from the 1996

research or which are the Investment and Economics norms and principle

This GE design pattern is reflected in the i rates above.

Investment & Economics norms & principles based alternatives to the GE Relativity

0,4184 ).

right from the very beginning of the process

right from the very beginning of the process.

MIT 5% LVR ( x ) ]

Plotting Investment & Economics norms & principles Relativity curves against the

and, also, looking at the Ratio of [ FVR / LVR

construction of the GE.

until it reaches the level of 5 at 80 ( 80 + rule ! )

to 90, in order to balance the GE actions described above

Does Grosvenor or Gerald Eve have an answer as to how this picture emerged from the 1996

research or which are the Investment and Economics norms and principles behind it?

Investment & Economics norms & principles based alternatives to the GE Relativity

right from the very beginning of the process.

right from the very beginning of the process.

against the "purpose built"

FVR / LVR ] = μ ,

to 90, in order to balance the GE actions described above

Does Grosvenor or Gerald Eve have an answer as to how this picture emerged from the 1996

s behind it?

8

9

10