Comparing Public and Private Real Estate Investments

Ames’s statement to Wang regarding the performance of different REIT sectors is _most accurate_ regarding:

Incorrect. They can't both be wrong. One aspect of this statement is accurate.

Incorrect. National GDP growth is equally important to all REIT sectors.

That's exactly right. Retail sales growth is very important to the industrial sector, and the weak expected retail sales growth would mean that industrial REITs would be expected to perform worse than would office, multifamily, storage, health, and hotels.

neither retail sales nor national GDP growth.

retail sales growth but not national GDP growth.

national GDP growth but not retail sales growth.