PLAN261 Lecture Notes - Lecture 10: Land Values
Document Summary
The tenth lecture of plan 261 focused on land use reforms and urban restructuring in. China, unlike several other countries, has not created a privatization program for urban land. Following economic reform, foreign investment has played a large role in urban land development within china. China has been able to generate significant infrastructure funding through land leases, before land market reforms however, this process was complex and did not set clear time limits on leases. Land marketization has resulted in increasing government control of land development, large increases in land values, and urban expansion into agricultural lands. Property rights have subsequently become a large issue on the minds of. Protests have included staying in homes scheduled for demolition, resulting in the building of roads and bridges over, around, and through existing buildings. Prior to urban land reform, china did not have any obvious separation of land uses. This was due to financial constraints, development power, and limited municipal government resources.
