NO.PZ202405210200000301
问题如下：
In Esposito’s meeting with the Horizon Capital client, which of the statements made is most likely incorrect?
选项：
A.Statement 1
B.Statement 2 C.Statement 3解释：
Capitalization rates are important to understand and follow. But for high-quality commercial real estate assets, over the long term they will tend to be reasonably close to the growth rate of GDP of a country, not above it. For more speculative real estate assets, due to the more risk involved, it is typical for those capitalization rates to be above GDP.
Statements 1 and 2 are correct.
In real estate, there is typically a significant lag between when construction starts on a building and when it is ultimately ready for use. In that time, many factors can change the ultimate demand for that property. Over time, this imbalance is typically a driving force behind real estate cycles. The global financial crisis did not have this, however, as capital markets were the driving force.
If inflation is not too high to cause significant damage to an economy, real estate is typically able to keep up with inflation by increasing rental rates when lease terms expire. This has led to real estate outperforming more inflation sensitive assets during periods of rising inflation.
请问statement 1为什么是对的？statement 1具体表达的是什么意思？