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Which of the following statements is the least true? O Demand for the use of space in a local market comes from local tenants

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Which of the following statements is the least true? O Demand for the use of space in a local market comes from local tenants Commercial real estate discount rates are largely determined in the property markets The capital to purchase properties in a local property market can come from local and non-local investors The amount of savings in the U.S. economy helps to determine required discount rates on potential investments

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