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Focuses on the capitalisation of government support into land rents and prices, assessing the consequences of inflated asset values, and suggesting lessons for future policy making.
This book provides cities with strategies and methodologies for applying land value capture financing schemes for capital-intensive transit and transit-related investments, based on the successful experiences of Mass Transit Railway Corporation in Hong Kong SAR, China, and Japanese railway companies in Tokyo metropolitan areas.
Of causes and probable effects of the "boom." pp. 37.