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Cityscape: Volume 24 Number 3 | COVID-19 and the Housing Markets | Land Value Capture Across the Globe


COVID-19 and the Housing Markets

Volume 24 Number 3

Mark D. Shroder
Michelle P. Matuga

Land Value Capture Across the Globe

Jaebeum Cho

Luis Quintanilla Tamez
Enrique Silva
Lincoln Institute

Matteo Schleicher
Rüdiger Ahrend
Andres Fuentes Hutfilter

With Assistance by:
Andrew Lombardi
Sena Segbedzi
Abel Schumann

Lorena Figueiredo, Independent Consultant
Vu Tran, Independent Consultant

This article contains an excerpt from the Global Compendium of Land Value Capture Policies, a publication of the OECD and the Lincoln Institute of Land Policy, and it is reprinted with their permission.

Many countries use land value capture (LVC) policies to some degree, but the instruments, methods, and results differ greatly. The implementation of LVC depends on different historical traditions, the condition of land markets, institutional capacity and experience, and constitutional and legal frameworks. For example, the history of active land policy in the Netherlands is closely linked to considerable public land holdings and municipalities’ capacity for large-scale land management (van Oosten, Witte, and Hartmann, 2018). Latin America’s long tradition of utilizing infrastructure levies and developer obligations (contribución de valorización and contribución por mejoras) can be partly attributed to historical influences of Spanish law (Henao González, 2005). Land readjustment developed in Japan and Korea after World War II, a period of rapid urbanization marked by increased demand for serviced urban land (OECD, 2022).

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