Question: 1.6. If demand for built space is declining, does this imply that real rents (that is, rents measured net of in?ation) will fall in the

1.6. If demand for built space is declining, does this imply that real rents (that is, rents measured net of in?ation) will fall in the market? Why or why not? As in the previous question, differentiate between short-run and long-run rent adjustments. From: undefined Source:ISBN: 0324305486 | Title: Commercial Real Estate Analysis and Investments (with CD-ROM) | Publisher: South-Western Educational Pub

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