The Train – Capturing the value of . . .

Dave Wetzel has this morning passed on this URL — — which will take you to a 5 minute clip produced by Fred Harrison. It looks into the anomaly hereby taxpayers finance infrastructure investments that create high value, that are captured not by the public as a whole but by the lucky individual landowners whose real estate values rise, often hugely, as a result of these public investments.

This is the whole concept in a nutshell of Value Capture, a valuable tool which is not being used or even much talked about, other than in exceptional circumstances,

Bottom line: Value Capture is a key element of the New Mobility Agenda strategy. Every public investments So we all will do well to learn more about it and push the idea when the opportunity arises.

For more discussion of this, I invite you to go to http://tinyurl.com/landcafe-facebook and/or http://tinyurl.com/landcafe

 

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