Alain Bertaud, Bertrand Renaud's Cities without land markets: lessons of the failed socialist PDF

By Alain Bertaud, Bertrand Renaud

ISBN-10: 0821327402

ISBN-13: 9780821327401

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Extra resources for Cities without land markets: lessons of the failed socialist experiment, Parts 63-227

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32. If the objective is to improve land use efficiency as rapidly as possible, one approach for responding to the above dilemma is to grant to existing enterprises explicit property rights in the land they now occupy. Then the enterprise will have the incentive to use this land as equity in planning to relocate to more affordable, appropriate land. For instance, using a current, very flat land price gradient, an enterprise located at kilometer 7 from the center of Moscow and relocating at kilometer 22 around the external ring road would need only 20% of the value of the land it presently occupies to acquire a new equivalent site.

One striking illustration of this phenomenon is the persistence and uniformity of housing types in successive rings around Moscow. Each type is usually designated by the period in which it was built. Thus, driving from the center of Moscow, one passes through rings of Stalin, Khrushchev, and then Brezhnev flats. 10. This socialist land use process creates sizable enclaves of "fallow" or "dead land"areas which combine low levels of economic activity with negative environmental qualities. e. the population within two concentric rings at 1 km interval divided by the built-up area within this interval.

Research institutes have attempted to map anticipated market land values based on location characteristics. The normative value of land was calculated using a number of weighted coefficients representing amenities such as transport, infrastructure, environmental quality etc. Typically demand factors were not included, and price estimates were based on very distorted late 1980 accounting prices. Land value maps were produced and from the data they contained it is possible to build the city's normative land price gradient.

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Cities without land markets: lessons of the failed socialist experiment, Parts 63-227 by Alain Bertaud, Bertrand Renaud


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