US EditionCan the Public Recapture the Land?
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Can the Public Recapture the Land?
Landowners often reap the benefit of infrastructure projects without lifting a finger. But through an increasingly used process called ‘land value capture’, private profit can be channeled back into public hands. Bond Street Crossrail station, October 2022. (Credit: diamond geezer via Flickr.) The Northumberland Line, a £300 million project led by the county council, opened in December 2024 to little fanfare. But it was recently revealed to hav…
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