Institutionalised profiteering.(Chapter 2)

The American Journal of Economics and Sociology | November 1, 2005 | Copyright

THE RELATIONSHIP BETWEEN urban and regional planning (conveniently but misleadingly abbreviated to "town planning" and in recent years more compendiously described as "environmental planning") and the land market is critically important economically, socially and environmentally. For many reasons, however, the relationship, together with its implications for equitable and efficient public revenue raising, is not always clearly understood.

Throughout history the conscious location of dwellings, roads and community buildings has been, in effect, a form of town ...

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