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real.est. downsize (The Hampton Square development adds an opportunity for seniors to downsize without leaving their communities. • A land assembly agent told me that when old homes in Vancouver worth $2m get sold in land assembly, the owners get paid out $4-6 million. It's all tax free. They downsize and pay cash for condos. And then give more money to their kids who pay cash for their $1.5m condos. (Reddit) ART Vancouver)