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Will a plummet in commercial property affect residential valuations?


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I'm watching commercial property valuations plummeting from 11% down to 49% for various types in L.A. area.

My second question is how or if these plummeting values will ever transfer to the residential housing market.

My gut says that the unemployment rate will have a larger effect but I just can't help but wonder.

 

The rout in Oil is probably a boost for residential pricing since there will be more disposable income left for buyers / owners.

Your thoughts? Your area?

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