If a manufacturer that is the major employer in a small city moves its operations to another city, it is reasonable to expect:

A) A fall in housing demand, but no other changes in the real estate market.
B) A decline in demand for all types of real estate in the real estate market.
C) An immediate fall in the demand for industrial real estate, but no other changes in the real estate market.
D) An immediate decline in the prices for industrial and office real estate, but no impact on the residential market.