Category World

Paying for results

After a 15 year experiment, England is phasing out the New Homes Bonus that has been part of the formula for distributing funds to local governments since 2011. In revamping the broader funding scheme, the current government explained its decision:…

Understanding Indian regs & reforms

Two useful resources came across my desk this week. From Sargun Kaur and Bhuvana Anand, an analysis of recent building reforms in eight Indian states – not all of which succeeded in expanding the practically buildable space. They use a…

Official land prices

A Vietnamese business paper provides a fascinating window on land prices – official versus market – in an economy that has partially transitioned from socialism to markets: Hanoi has been collecting public feedback on its first-ever land price list, set…