Property OwnershipGeneralMEDIUM
When commercial office demand and supply decline equally:
Correct Answer
B) Rent stays the same
When supply and demand change proportionally in the same direction, the equilibrium price (rent) remains stable because the balance between buyers and sellers is maintained.
Answer Options
A
Rent increasesB
Rent stays the sameC
Rent decreasesD
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Related Topics & Key Terms
Related Topics:
market-equilibriumcommercial-real-estate-analysiseconomic-cycles-in-real-estate
Key Terms:
supply and demandequilibriumcommercial rentoffice marketmarket balance
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