Cyclical fluctuations of building and housing have been, and continue to be, an intrinsic characteristic of economic growth in capitalist/free market societies. In addition, this week we will continue delving into the Commercial real estate market, which refers to all properties (including vacant land for future development) designated either to create rental income/cash flow or to be resold for cash flow/profit/capital gains.
Research Question to answer:
Where in the economic business cycle is the USA today and choose a geographic area and discuss its housing/building cycle (provide perspective and predict the next 12 months)? NOTE: no need to have theory>research>analysis for this RQ. Looking for insights and corroborating research.
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