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in real estate market the primary economic driver of the demand for office space is most likely A: Job Growth B: population growth C: growth in saving rate

in real estate market the primary economic driver of the demand for office space is most likely

A: Job Growth

B: population growth

C: growth in saving rate

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Answer #1

A : Job Growth

The nature of office space demand is different from housing demand as housing demands primary depend upon population and population growth rate but demand for office space primary depends upon employment and space required for each employee Thus, Job Growth is the primary economic driver of the demand for office space.

Hope this will help, please do comment if you need any further explanation. Your feedback would be appreciated.

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