Local Economy publishes Landvaluescape article

Local Property Taxation as a Strategic Planning Tool in UK: Can 'Landvaluescape' Play a Role at Local Levels?

This is the title of an article published in the latest (August 2008) issue of Local Economy

The full article can be downloaded (on payment for non-subscribers) from here. The abstract is reproduced below.

ABSTRACT In common with many countries of the world, there are concerns within planning and regeneration circles regarding the very slow progress towards sustainable development and a realization that for progress to be achieved there is a need for government to act. Consequently, the UK government is seeking, through a variety of instruments, including the land use planning system, to mitigate the environmental impact of development. Indeed the overarching aim of the extant land use legislation (in particular, the Planning and Compulsory Purchase Act 2004 and the Sustainable Communities Act 2007) is the promotion of sustainable communities, across the so-called "triple bottom line" of economic well-being, social justice and environmental protection. This paper discusses geo-political developments in the approach to funding local and regional government and how the UK is affected by these. The paper considers research in Britain into the potential for using aggregated property valuations as a method of monitoring economic health at a national and local scale, by applying geo-spatial modelling and display techniques. Given advances in the application of modern information systems (including the capture, management and display of geo-spatial data), the authors assess the potential of such systems for the status of relevant datasets in the UK.