ReFla asked members of its editorial advisory board what issuesthey thought are having the biggest impact on commercial realestate now. This is the first of three thought-provokingresponses.
Two things will dramatically affect our business this year. Thefirst is the limited availability and increased cost of credit,which will greatly reduce the number of deals that get done thisyear.
The second will be the huge increase in sublease space broughton by the significant reduction in activity that most businesseswill experience. This will result in a significant reduction inrental rates going forward for the next few quarters.
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