Problem
Prohibitive cost of land
Other Names:
Inflated land valuesHigh cost of land
Overpriced valuable land
Rising land price
Land levelling costs
Cost of clearing land
Nature:
Rising land prices make it impossible for hard-working families to buy homes. Land prices make it difficult for new businesses to be housed. Authorities cannot afford to build parks or public transportation systems.
Incidence:
Extreme examples include the indication that the cost of all real estate in Tokyo exceeds the cost of all real estate in the USA. That of Kanagawa prefecture (bordering Tokyo) is equivalent to the cost of all real estate in France, Germany, Italy and the UK.
Broader Problems:
Excessive costsProhibitive ownership costsProhibitive costs of farmingProhibitive cost of cooperative start-upRestrictive effects of external capital on development Related Problems:
Defective land use planning Aggravates:
LandlessnessHigh cost of housingInadequate animal husbandryInadequate animal husbandryTransfer of industries to low-wage countriesMonolithic architecture of high-rise buildings Strategies:
Coordinating land development Subject(s):
Commerce → Land ownershipCommerce → Purchasing, supplying
Related UN Sustainable Development Goals:
Problem Type:
E: Emanations of other problems Date of last update
23.10.2019 – 17:24 CEST