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Document Type: | General |
Publish Date: | 2001 |
Primary Author: | Eddie C.M. HUI and Francis K.W. Wong |
Edited By: | Suneela Farooqi |
The government uses its land-use planning system to impose constraints on land supply and development to address the problems arising from “market failure”. This system includes not only Town Planning and Buildings legislation and also government land lease conditions too, especially on flat size and development density. Previous literature refers mostly to planning constraints and market failure.