An overreaction by developers in response to a change in demand typically results in A. an increase in values. B. a decrease in vacancies. C. a decrease in value with a decrease in vacancies. D. a decrease in rents with an increase in vacancies.
Over reaction to change in demand means that unnecssary high or low time is to be spent on a given work. This results in inefficiency. Hence decreases value with an ultimate decrease in vacancies.
