Choose the word or phrase that best completes the blank in each sentence. Chọn từ hoặc cụm từ đúng nhất cho mỗi câu.
1-
Ray Alcorn of Park Real Estate Inc remarks that real estate is a capital-intensive industry, and its health rises and falls with capital availability; currently the capital markets are so ....... with cash, they can't find a place for it all.
A -
flood
B -
fluid
C -
flush
D -
full
2-
Boom times typically engender oversupply of product, but construction prices have skyrocketed due to natural disasters and rising commodity prices, which has ....... new building in all property types.
A -
ameliorated
B -
mollified
C -
tempered
D -
transformed
3-
Rising consumer interest rates will further slow consumer purchasing and the housing market, and may produce the desired soft ........
A -
dealing
B -
ending
C -
landing
D -
spending
4-
Historically, contractions in capital have a negative effect on valuations, and current ....... from government regulators aiming to trim commercial banks' real estate loan exposure are worrisome.
A -
groundings
B -
grumblings
C -
ramblings
D -
rumblings
5-
Global markets are literally awash in capital, all of it seeking yield and stability; fortunately, commercial real estate offers both, and even if banks are constrained there is a ....... of capital to fill the void.
A -
cache
B -
niche
C -
surfeit
D -
surplus
6-
Construction costs have gone through the ....... in the past year due to natural disasters and increased commodity prices.
A -
budget
B -
gauntlet
C -
roof
D -
stock
7-
High construction costs and condo conversions have reduced new supply and a slowing housing market increases rental demand, so owners can now flex their muscles with rent increases, and those who bought at high valuations may yet get the ........
A -
brush off
B -
cat's meow
C -
door prize
D -
last laugh
8-
Areas with declining employment and population will experience an acceleration of those trends, and investors will not acquire properties in such markets without good reason to believe a comeback is in the ........
A -
off chance
B -
offer
C -
offering
D -
offing
9-
Retail properties will suffer as owners rediscover risk as a component of value, but most of these assets are owned by well-capitalized private equity groups that can easily ....... the storm.
A -
keep up with
B -
ride out
C -
sail into
D -
wriggle out of
10-
Acquisition of stabilized properties at low cap rates with little potential for rent growth is a sure ....... for below market returns.