“…On the contrary, the share of redevelopments of multiple adjacent parcels should increase as a result of the VAT reduction since land assembly is associated with high costs (Brooks and Lutz, 2016;Goeyvaerts and Boogaerts, 2021).…”
Section: The Effect Of the Vat Reduction On Residential Redevelopment...mentioning
“…On the contrary, the share of redevelopments of multiple adjacent parcels should increase as a result of the VAT reduction since land assembly is associated with high costs (Brooks and Lutz, 2016;Goeyvaerts and Boogaerts, 2021).…”
Section: The Effect Of the Vat Reduction On Residential Redevelopment...mentioning
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