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A: Let me clarify we often are solely talking regarding the residential market. Therefore allow us concentrate on that. Currently the valuation you talked regarding reaches current market values rather than at price. Therefore, it isn’t really hurting the developer exactly what when you might assume it’ll. Currently of the developers no less than fifty percent are in an exceedingly jv with all the landowner. And have the developers obtained the land? The solution isn’t any or very partially. Currently once you haven’t obtained the land as well as the land constitutes virtually 70 % from the sale worth what you can do to keep is infinite.
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