It’s time to punish speculation and lack of action
Those who cynically hoard land banks and derelict/vacant sites must be penalised financially
In my years of studying property there is one theme that consistently recurs: that of land. More specifically, the issue of land that can be developed. If you go to Google Maps and zoom out of our cities, you’ll find that from above they look fairly green, that there is really no shortage of ‘land’. But what we do have is a shortage of zoned land, and more specifically, zoned land that can be readily used or sold.
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