Urban surplus value and property taxes, as a source of financing in the transformation of slums
The transformation of slums in cities requires funding resources that often exceed local budgets. This paper proposes as a funding mechanism utilizing urban surplus value and rents obtainable city property taxes, the latter as a temporary mechanism to leverage economic dynamics in areas with high ec...
| Autor Principal: | Arcos Palma, Oscar; Universidad Externado de Colombia |
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| Formato: | info:eu-repo/semantics/article |
| Idioma: | spa |
| Publicado: |
Universidad Santo Tomás seccional Bucaramanga
2014
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| Materias: | |
| Acceso en línea: |
http://revistas.ustabuca.edu.co/index.php/LEBRET/article/view/1455 |
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| Sumario: |
The transformation of slums in cities requires funding resources that often exceed local budgets. This paper proposes as a funding mechanism utilizing urban surplus value and rents obtainable city property taxes, the latter as a temporary mechanism to leverage economic dynamics in areas with high economic potential. The funds thus obtained, which are generated by land uses are themselves mechanisms for urban transformation in areas with slums and better land use, in a perspective of economic dynamics and improved welfare. |
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