Exact(32)
Values decline further as buyers get more choices.
When asset values decline, people tend to cut spending through a negative "wealth effect".
Mr. Moinian is far from the only real estate executive facing difficulties as office vacancies rise and property values decline.
Sure, bond values decline as rates rise, but the higher yields eventually offset the principal losses, assuming that you reinvest your income payouts.
Property-tax revenue is a particularly acute source of pain for many cities as home values decline.
Walk outward from the city's geographic, historic and cultural hub, the Plaza, and all else being equal, values decline in direct relation to distance from its center.
Similar(28)
Property values declined.
Property values declined; the pond was as good as dead.
The firm's assets under management shrank 3 percent during the quarter, to $3.56 trillion, as values declined.
After World War II, more highways and air travel changed vacation habits, and property values declined.
In contrast, the values declined during monsoon season.
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