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Vancouver Real Estate 'Bubble' at 30-year Peak
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Aug 21, 2020, 4:57 PM
GenWhy?
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Join Date: Jun 2017
Posts: 3,677
"The City and the developer negotiate increase in land value due to the rezoning.
After taking into consideration development risks, public interests and a reasonable developer profit, CACs typically represent 75 percent of the increase in land value"
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