Land acquisition has become a source of major conflict and political upheaval in the last half decade. This book brings clarity, depth, and understanding to this contentious issue by providing answers to three fundamental questions: What are the realities of land acquisition today? How did the situation get to this impasse? What are the ways forward?
"This edited book discusses data analytics and complex communication networks and recommends new methodologies, system architectures, and other solutions to prevail over the current limitations faced by the field"--
The evolving modern world is characterized by two opposing trends: integration and segregation. On the one hand, we witness strong forces for segregation on the basis of nationality, ethnicity, religion, and culture in the former Soviet Union, the former Czechoslovakia, the former Yugoslavia, as well as in Northern Ireland, Spain, and Canada. These forces are quite strong and, in some cases, violent. On the other hand, the European Union and NAFTA represent the tendency for integration motivated primarily by economic considerations (such as gains from trade and scale economies). In fact, these opposing trends can be explained by the concepts developed in modern club theory, local public finance, and international trade.
Many property lines drawn in early America still survive today and continue to shape the landscape and character of the United States. Surprisingly, though, no one until now has thoroughly examined the process by which land was divided into private property and distributed to settlers from the beginning of colonization to early nationhood. In this unprecedented study, Edward T. Price covers most areas of the United States in which the initial division of land was controlled by colonial governments—the original thirteen colonies, and Maine, Vermont, Kentucky, West Virginia, Tennessee, Louisiana, and Texas. By examining different land policies and the irregular pattern of property that resulted from them, Price chronicles the many ways colonies managed land to promote settlement, develop agriculture, defend frontiers, and attract investment. His analysis reveals as much about land planning techiniques carried to America from Europe as innovations spurred by the unique circumstances of the new world. Price’s analysis draws on his thorough survey of property records from the first land plans in Virginia in 1607 to empresario grants in Texas in the 1820s. This breadth of data allows him to identify regional differences in allocating land, assess the impact of land planning by historical figures like William Penn of Pennsylvania and Lord Baltimore of Maryland, and trace changes in patterns of land division and ownership through transfers of power among Britain, the Netherlands, France, Spain, Mexico, and the Republic of Texas.
Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.
This book is a comprehensive analysis of property investment and the market's determination of commercial property values and investment performance. The author examines the economic forces that operate in the property market by placing property in the context of the overall investment market and the local, national and international economies. Relevant concepts and principles of economics, investment and finance are identified; these are then used to explain the operation of the property market and property price determination. The text begins with a study of the stock market, identifying the principles and forces which explain the price determination of stocks and shares. These principles are then applied to commercial property investments and a simple theory is developed. The three major sectors of the property market (letting, development and investment) are then analysed in depth, and the pricing theory is reviewed. After an examination of the influence of government intervention, the subject is synthesised by detailed studies of three of the most turbulent periods in the history of the post Second World War property market in the UK. In this second edition, both the text and illustrative examples have been updated. The theory of the market's determination of rental values and yields have been substantially revised and developed. A new chapter, discussing the 1980s property boom and the 1990s collapse, has been added.
In dealing with scarce land, planners often need to interact with, and sometimes confront, property right-holders to address complex property rights situations. To reinforce their position in situations of rivalrous land uses, planners can strategically use and combine different policy instruments in addition to standard land use plans. Effectively steering spatial development requires a keen understanding of these instruments of land policy. This book not only presents how such instruments function, it additionally examines how public authorities strategically manage the scarcity of land, either increasing or decreasing it, to promote a more sparing use of resources. It presents 13 instruments of land policy in specific national contexts and discusses them from the perspectives of other countries. Through the use of concrete examples, the book reveals how instruments of land policy are used strategically in different policy contexts.