Urban Land Economics

Hallett, Graham

doi:10.1007/978-1-349-04537-2

Cited by 13 publications

(2 citation statements)

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“…The ICA translates anticipated future benefits into current values through the process of capitalization, which assumes that the value of the utilities in the future will be lower than their current values. The ICA relies on uncertain parameters and derivations from intermediary estimations made by other methods (Hallett, 1979;Rice, 1982;Chavas and Thomas, 1999).…”

Section: Slr Estimation Based On Icamentioning

confidence: 99%

On sustainable land rent

Özdilek

2024

Front. Sustain.

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IntroductionThis paper introduces the concept of Sustainable Land Rent (SLR), providing a comprehensive, multidimensional exploration anchored in the dynamics of its origin, separability, mobility, valuation, and the imperative for equitable distribution. SLR capitalizes on the economic mobility of land’s value to enhance community welfare and promote environmental sustainability. Advocating for the systematic institutionalization of SLR, the research tackles the complex challenge of distinguishing land value from improvements.MethodsEmploying traditional Price, Cost, and Income (PCI) methods as practiced in North America, the study addresses the technical challenge of inseparability by estimating and integrating the SLR value within each of these methods. The methodology clarifies the valuation process and establishes an objective framework for resource allocation and negotiation between public and private sectors.Results and discussionFurthermore, our findings highlight SLR’s vital role in advancing public revenue generation and underscore its function as an innovative catalyst for integrating sustainability into economic valuation models and practices in real estate development and urbanization.

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Section: Slr Estimation Based On Icamentioning

confidence: 99%

On sustainable land rent

Özdilek

2024

Front. Sustain.

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“…The dichotomous organisation of the building industry into the few `large' national companies and the many `small' companies has implications both for the manner of profit maximisation and for the supply of land (Hallett, 1979 ;Prentice, 1980) . It does not, however, imply that part of the industry is likely more to respond tò needs' .…”

Section: Introductionmentioning

confidence: 99%