The $14.3 trillion total market value of investible commercial real estate can be broken into four quadrants. Based on your understanding of the relative sizes of these quadrants, approximately what proportion of market value is attributable to private CRE debt as of the end of 2021?

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ISBN:9781305585126
Author:N. Gregory Mankiw
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Chapter26: Savings,Investment And The Financial System
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The $14.3 trillion total market value of investible commercial real estate can be broken into four quadrants. Based on your understanding of the relative sizes of these quadrants, approximately what proportion of market value is attributable to private CRE debt as of the end of 2021?  

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