Lecture 1: Real Estate Process Overview - Dr. James R. DeLisle
Lecture 1: Real Estate Process Overview - Dr. James R. DeLisle
Lecture 1: Real Estate Process Overview - Dr. James R. DeLisle
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<strong>Real</strong> <strong>Estate</strong> Cycles: Vacancy and Construction<br />
© JR <strong>DeLisle</strong>, Ph. D.<br />
Technology<br />
Actual<br />
Speculative<br />
Construction<br />
Normative<br />
Construction:<br />
Expanding<br />
Demand<br />
% Occupied Stock<br />
Rising<br />
Rents<br />
Market<br />
Inefficiency<br />
Growth<br />
Maturity<br />
Decline<br />
<strong>Real</strong> <strong>Estate</strong> <strong>Process</strong>
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