Magicbricks Moderator says: Economic slowdown is a blessing in disguise for many. While some real estate developers have frozen their expansion plans, many others are still optimistic and making the most of falling markets. For example, rental values have stagnated for most prime locations. Many retailers, who had once shunned expansion owing to high rentals, are reconsidering expansion.
Will falling rentals trigger demand in the market? Will retailers or individuals think about renting/leasing in this ‘slow’ market?
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