They very ________ growth of office and retail space in the 1980s was due in part to financial deregulation that ________.

Question

Quizplus · Accepted Answer

The rapid growth of office and retail space in the 1980s was due in part to financial deregulation that allowed S&Ls (savings and loans) to make business real estate loans. This made it easier for developers to access capital and finance new construction projects. Option A is incorrect because limited growth of bank and S&L deposits would have restricted the amount of financing available for new construction. Option B is incorrect because massive tax advantages to mortgage lending would have incentivized residential mortgage lending, not commercial real estate development. Option D is incorrect because while the depreciation tax deduction may have provided some incentive for building owners to invest in their properties, it would not have been the primary driver of the rapid growth of office and retail space in the 1980s.

They Very ________ Growth of Office and Retail Space in the 1980s