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

In the four quadrant model discussed in our class, if the market

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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