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That sounds like a good idea.....does that make me a pinko?!?Is there any reason why the State shouldn't take the benefit from the rezoning process itself? So for any rezoning, the state buys the land first at existing use sites, then rezones, then sells the site to a developer - so the increase in value comes to the state, not the developer.
I disagree. The plain facts IMHO is fi you increase the costs you increase the sale price.A partial solution to this, even if it is politically difficult - is to increase planning levies. A builder has a fair idea what a house will sell for and what it will cost to build. He therefore has a pretty good idea how much to pay for building land, and his profits are almost entirely determined by what he pays for a site.
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