Posted Oct 29, 2008, 6:01 PM
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hähnchenbrüstfiletstüc
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Join Date: Nov 2001
Location: Vancouver
Posts: 33,709
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Yes, it's the tax structure that's the problem. It was created as if land and property were some abstract investment when it isn't.
At this point, who knows what will happen with this proposal? There is a lot of uncertainty but I still don't think the situation is like it was around 1990, for example, when the local market was much worse and much more overbuilt (for office).
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