The four-quadrant model of dipasquale and wheaton 1992 has


The four-quadrant model of DiPasquale and Wheaton (1992) has been used to describe the boom and bust cycle of real estate markets. Answer the following two questions:

a) Draw the four-quadrant model and explain the segments of the real estate market covered by each quadrant.

b) Use the four-quadrant model to explain how a decrease in the demand for space may impact the real estate market.

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Financial Management: The four-quadrant model of dipasquale and wheaton 1992 has
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