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Land Value Capture Across the Globe
Cityscape (Washington, D.C.), 2022-01, Vol.24 (3), p.231-260
[Peer Reviewed Journal]
Copyright U.S. Department of Housing & Urban Development 2022 ;ISSN: 1936-007X ;EISSN: 1939-1935 ;DOI: 10.1787/4f9559ee-en
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Title:
Land Value Capture Across the Globe
Author:
Cho, Jaebeum
;
Tamez, Luis Quintanilla
;
Silva, Enrique
;
Schleicher, Matteo
;
Ahrend, Rüdiger
;
Hutfilter, Andres Fuentes
;
Lombardi, Andrew
;
Segbedzi, Sena
;
Schumann, Abel
Subjects:
Foreign Exchange
;
Infrastructure
;
Investments
;
Land use
;
Property values
;
Public services
;
Taxonomy
;
Urban development
;
Urban planning
;
Windfall profits
Is Part Of:
Cityscape (Washington, D.C.), 2022-01, Vol.24 (3), p.231-260
Description:
[...]there is the value recovery stage. [...]there is the value distribution stage. [...]LVC includes the following elements: * It refers exclusively to increments in the value of the land. * It requires a definition of how public action generates land value gains, so they can be recovered. * Land value increments derived from such public action need to be mobilised by creating LVC instruments. If it is not linked to good planning practices and consistent enforcement of land use regulations, LVC can lead to overdevelopment and increased built-up area, resulting in adverse environmental impacts.
Publisher:
Washington: US Department of Housing and Urban Development
Language:
English
Identifier:
ISSN: 1936-007X
EISSN: 1939-1935
DOI: 10.1787/4f9559ee-en
Source:
U.S. Government Documents
ProQuest Central
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