Land Value Recapture in the US: The Case of San Francisco

Abstract:

During the period immediately after World War II, planning in North America and Europe followed highly centralized, top-down, command-and-control approaches that were based on the rational-comprehensive model of planning, which implies an all-knowing, all-powerful government. Part and parcel of this approach was the government’s control of development land and its value. Beginning in the 1970s, as the precepts of an all-knowing, interventionist state clashed with the reality of uncontrollable global forces driven by multinationals and international finance, it became clear that planning had become a market-driven process, a “servant of the market,” and that inflexible, detailed plans would not work in most real-life situations. Consequently, such plans were either ignored or overridden

• Periodical: Advanced Engineering Forum (Volume 11)
• Pages: 330-337
• DOI: https://doi.org/10.4028/www.scientific.net/AEF.11.330
• Online since: June 2014
• Authors: Nico Calavita*
• Keywords: Economic Analysis, Land Value Recapture, Planning Culture

References

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