The Planning Podcast Ep 040 - Capturing hope value - an expert discussion
The Labour Party has mooted the idea of compulsory purchase of land for housing by local authorities and amendment of the rules on compensation. It is a complex area. It raises at least these questions: what is the problem which is being targeted; what drives land value and where are they different; how would the proposal affect new settlements, if at all; are there existing mechanisms to achieve the same end; how would land-owner behaviour change; are the CPO a...