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The Normal Cycle of Real Estate
Even though last year was a difficult year, all commercial properties have appreciated 42%. Apartments are up 51% since 2012, healthcare 34%, industrials up 165%. Some sectors have struggled. malls are down 16% since 2012,. but that's a very small sector. Office has appreciated 5% since 2012. Strip centers, so a different type of retail sector apart from malls are up 30% since 2012 and sell storage is up 200%). So some have done incredibly well, others have struggled in real estate.