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Land supply: Difference between revisions
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5. market shifts? regulatory or geopolitical change causes major structural shift, thereby making land effectively available to new parties on a large scale. For example, large-scale inflation or deflation, ban on foreign ownership of property, capital flight, government insolvency.
"Land supply" is not merely an abstraction, in that it is concretely measured, planned, and regulated in many contexts.
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For example, in the UK "5YHLS" or Five Year Housing Land Supply is a government policy requiring COuncils to demonstrate the availablility of developable sites to fulfill five years of forecasted housing need. <br/> [https://www.howespercival.com/resources-and-events/articles/housing-white-paper-and-legal-update-5yhls-and-delivery-further-proposals-for-reform https://www.howespercival.com/resources-and-events/articles/housing-white-paper-and-legal-update-5yhls-and-delivery-further-proposals-for-reform]
The analyst [https://jamesjgleeson.wordpress.com/2017/04/03/historical-housing-and-land-values-in-the-uk/ James Gleeson has presented astonishing official data] on how land with permissions for homes to exist has become radically more expensive
[[File:James Gleeson land since 1957.png|center|top|upright|Value of UK homes and land under them since 1957]]
In California, #RHNA Regional Housing Needs Allocation requires similar of all cities, tho is kind of sham & in YIMBY crosshairs for reform.
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