URBAN REGENERATION AND LAND POLICY IN DUTCH NEIGHBOURHOODS

Wim van der Post and Jeroen Traudes

ERES from European Real Estate Society (ERES)

Abstract: The aim of this study is to explore the possibilities of existing land policy instruments in the context of urban regeneration and the relation between government, housing corporations and private developers. In spite of a certain Dutch reputation in the area of urban regeneration, the process does not function well in a lot of cases. The social and real estate development needs improvement. This paper first looks at the primary factors that generate the current stagnation from an institutional point of view. The authors give some suggestions to give improve the process by institutional structuration. One of the possible options comes from the division of certain rights that are involved. Recent studies in this field of research suggest the division of land in a developing component and a governance component to improve a smoother functioning of processes. Our study continuous by a theoretical outline of two existing instruments: the transferable development right and (private) land lease. Rather than the use of these in an directive way it apparently breaks down the strong position of the private landowner. This division can also be implemented in the process and the actors themselves. It will result in a change of the playing field of urban regeneration. After discussing the observable possibilities the land policy instruments some final conclusions are drawn.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2008-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2008_285

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