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Commercial Real Estate asset valuations are cyclical. In the U.S., since 1929, the worst bear markets for CRE were characterized by: A) Asset price declines
Commercial Real Estate asset valuations are cyclical. In the U.S., since 1929, the worst "bear markets" for CRE were characterized by:
A) Asset price declines of 30-40%
B) Market Recovery Periods of 6-8 years
C) Neither (a) or (b)
D) Both (a) and (b)
I am leaning A but can see B also being correct
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