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Development of subdivisions, apartments, offices, or other commercial structures can have a lead time of two years or more. In general, the longer the construction

Development of subdivisions, apartments, offices, or other commercial structures can have a lead time of two years or more. In general, the longer the construction lead time:

Multiple Choice

the lower the construction cost.

the greater the supply of units.

the lower the market value.

the greater the amplitude of real estate cycles.

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