EXECUTIVE SUMMARY
LMA Objectives and Procedures
Resources Needed for Setting up a Land Market Assessment Process
Time for Conducting Assessments
Application of LMAs
Dissemination of Land Market Assessment Information
I. THE URBAN LAND CRISIS
Not Enough Land in the Right Location at the Right Price
High Cost and Low Affordability of Land and Housing
Seoul
Thailand
Jakarta
India
Malaysia
Ineffective Government Urban Land
Development Programs
Poor Conceptualization of Problems
Poor Coordination between Government and between Government
and the Private Sector
Lack of Funds
Private Sector Resistance to Government Land Regulations
Environmental Resource Constraints to Land Development
Conclusions about the Urban Land Crisis
II. WHY LAND MARKET ASSESSMENTS ARE NECESSARY
Providing Information for Public Sector Planning and Decisionmaking
Using LMAs to Evaluate Government Policies and Actions
Using LMAs for Structuring Land-Based Taxation Systems
Providing Information for Private Sector Investment and
Development Decisions
Conclusion Regarding the Benefits of LMAs
III. ORGANIZING FOR LAND MARKET ASSESSMENTS
Resources Necessary for Setting up a Land Market Assessment Process
Timetable for Conducting Assessments
Dissemination of Land Market Assessment Information
Developing Baseline Information
Define Area
Establish Geographic Zones for Data Organization
Basic Land-Use and Population Data for Tabulation
Land Value Information
Design Layout of Spreadsheet Data Base
Using Aerial and Satellite Images
Tabulating Housing, Commercial, and Industrial Uses
