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The total rate is a SET TARGET.
for example, the rate increase for next year is 5% (or 10%, etc.)
Then it is distributed to each house by the CV.
SO if all houses CV double, all house will have the same rate increase, for example 5% (or 10% etc)
So if your house CV increase is close to the average CV increase (35%), your rate increase will be close to the average rat increase. not a big deal. |
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