Question
In the four quadrant model discussed in our class, if the market cap rates become lower, which of the following outcomes is more likely to
In the four quadrant model discussed in our class, if the market cap rates become lower, which of the following outcomes is more likely to occur in the long run equilibrium?
Lower property price
More construction activities
Less stock of commercial space
Faster depreciation rate of properties
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
