3 ms·
In the real world, cities like Boston go for what's called Land Value Capture instead of LVT. Basically asking developers for bunch of benefits such as bike lan
by beryilma 2y ago
In the real world, cities like Boston go for what's called Land Value Capture instead of LVT. Basically asking developers for bunch of benefits such as bike lanes, affordable units, etc. at the time of permitting process.
My thoughts are mixed about this approach. On one hand, it feels like extortion since it is tied to permitting. On the other hand, benefiting the community in general around the development site seems also right.