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Impact of Falling Interest Rates on Real Estate
This chapter examines how a decrease in interest rates from 5.5% to 3% could influence real estate markets, particularly through rising asset prices in both commercial and residential properties. It discusses the delicate balance of supply and demand in the housing market, the effects of high interest rates on construction, and the evolving landscape of the office market due to work-from-home trends. The implications of these dynamics are explored, including potential changes in rental prices and the overall value of properties in urban areas.