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land prices

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World

Raising revenue from land: what African cities might learn from Hong Kong’s unique land-lease system

    By Astrid R.N. Haas, University of Toronto   Land prices across many African cities are soaring. This is because land is a city’s key asset. As urbanisation progresses, demand for land will rise, and therefore so will land prices, because the supply of land in cities is limited. Investments in public infrastructure, and zoning regulations that convert land to alternative uses, will also boost land value. In fact, […]

todayAugust 12, 2024 15

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