What is stock adjustment?
The condition that the stock of space is stable only when annual construction just replaces depreciation and obsolescence (C = δ × Stock); building above that rate grows the stock and lowers rent.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.