Exploring the Potential of the Land Readjustment Approach in Allocating Land for Affordable Housing from the Market Legitimacy Perspective
Land Readjustment (LR) is a land development tool applicable to a wide range of applications. However, its application in allocating land for low-income housing seems less practiced. Therefore, this study seeks to explore the potential of the LR process in accommodating low-income groups by allocating low-cost land to build low-income housing. To fulfill the objective of this study, two cases were studied.
The first case is studied as an exploratory case while the second case is studied as an explanatory one. The results of the cases indicate market legitimacy is the prime factor that drives the land allocation for low-cost housing. Besides, to develop inclusive LR there is the need for a policy that takes into consideration of market aspect. Furthermore, technical as well as social aspects are important to be considered in the LR process to accommodate low-income groups.
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