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From course:

Intro to Modern Real Estate

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Question:

Real estate supply-demand cycle:

Author: Kevin Smith



Answer:

1. Undersupply 2. Accelerated construction adds supply 3. Equilibrium 4. Construction adds more supply 5. Oversupply 6. Construction stops 7. Equilibrium 8. Demand absorbs supply 9.****Undersupply (repeats)


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