Will the good times in real estate return? GIS Reports

Developing housing and office space regardless of demand can raise nominal growth rates nicely, but policymakers in China, the U.S. and Europe are discovering a catch.

Signs of property market distress in San Francisco — San Francisco, Dec. 5, 2023: The office space vacancy rate in the city next to the booming Silicon Valley reached an alarming 34% in the third quarter of last year. © Getty Images

In a nutshell

Textbook supply-and-demand imbalance produced the real estate…

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