over the long run land-leases have proven effective e.g with Shenzhen.
the people that need the land - lease it first - develop it. if you don't develop it - you don't realize any gain from it. thereby removing speculation.
This is incredibly interesting and I wish someone made an index of all of these approaches and their nuance.
The tension of the two ideas, 1. that a babbling brook in a field that has been there for a million years and the patent absurdity of saying someone can own it. 2. that a person needs a place to call their own.
This objective fact and the following emotional motivation are under explored in the empirical space, and I really think we should make better strides in trying to measure these things.
the people that need the land - lease it first - develop it. if you don't develop it - you don't realize any gain from it. thereby removing speculation.
The tension of the two ideas, 1. that a babbling brook in a field that has been there for a million years and the patent absurdity of saying someone can own it. 2. that a person needs a place to call their own.
This objective fact and the following emotional motivation are under explored in the empirical space, and I really think we should make better strides in trying to measure these things.