By World Bank
Read Online or Download China: urban land management in an emerging market economy PDF
Similar real estate books
Making Hard Cash in a Soft Real Estate Market: Find the Next High-Growth Emerging Markets, Buy New Construction--at Big Discounts, Uncover Hidden Properties, ... Private Funds When Bank Lending is Tight
"Filled with inventive options that paintings in ultra-modern marketplace. A must-read for the true property investor! "-Albert Lowry, PhD, manhattan instances bestselling writer ofHow you could develop into Financially autonomous by means of making an investment in actual EstateA few years in the past, even reckless genuine property traders may possibly nonetheless generate income as the marketplace used to be booming.
In order to make it within the actual property company with out analyzing dozens of books, spending never-ending hours in periods, and losing bundles on unwise investments, glance no extra than Magic Bullets in genuine property. Information-packed, this e-book finds confirmed mystery innovations in a distinct, reality-based strategy.
Winner of the Royal city making plans Institute award for study excellenceThis serious exam of the advance and implementation of making plans achieve is well timed given contemporary alterations to the industrial and coverage surroundings. The ebook appears to be like either on the British context in addition to adventure in different built economies and takes inventory of the way the coverage has developed.
Extra resources for China: urban land management in an emerging market economy
As always, Professor Lin Zhiqun, at the Ministry of Construction, deserves special acknowledgement for providing the team with unstinting advice and data. The team also benefited greatly by previous work done on the subject, particularly by the Chinese Academy of Social Sciences and by Chreod Consultants, working in Shanghai. Several individuals played supporting roles that nevertheless deserve acknowledgement. Wang Yuan (RMC) proved an invaluable source of advice, while Wu Zhiyong and Sok Lee deserve special thanks for translating otherwise unpenetrable written materials in Chinese and Korean.
This will require a rationalization of land use. Such a transformation would allow major Chinese cities (particularly those wishing to be internationally competitive) to shift to a focused development strategy. The economy of the future must rely more heavily on information services to generate competitive manufacturing products in selective categories of goods. The successful, international competitive cities of the twenty-first century will have vibrant producers' services sectors, employing up to 40 percent of the local labor force.
Urban land buyers would face an increasingly expensive input, whose price would help contain demand for land. But the prospect of significant revenue windfalls also creates an incentive for rural dwellers to extend negotiations with prospective urban users until they can capture a significant portion of the increased market value, even though they contribute little to the revalorization taking place. The bargaining process may create supply-side bottlenecks and inequities. This is particularly so since, at present, there is no effective income tax system in place to capture part of any windfall gains obtained by the rural communities.