Tip of the iceberg when it comes to examining the corruption of land ownership in Australia. It’s hardly talked about. The linked article doesn’t even talk about it.
The public as a whole (and traditional owners) should be the only financial beneficiaries of rezoning.
I suspect private maximisation of rezoning profits is the reason behind why urban developments here are almost universally that awful single-story no-greenspace roof-to-roof packed suburban hellscape.
rcbrk@lemmy.mlOPEnglish3·2 months ago- Land Value Capture
- NSW and VIC value capture reforms: A comparison
- The great Australian town planning give-away
- Dodgy rezoning, a summary