Table 1 Land management objectives and supporting tools
Objective | Land management tool |
|---|---|
Availability of land for (re) development | Expropriation, pre-emption rights, inclusionary zoning regulation, land banking, public land development. |
Cost recovery of public works necessary for the development. | Developer contributions, local taxes, urban land adjustment, public land development |
Value capturing of the earned increment in land value | Impact fees, local taxes, public land development |
Land market efficiency and transparency | Land register, legislation for urban land adjustment. |