Abstract

Urban land policy is a part of the overall urban development policy hence it should be viewed within the framework of general development policies whose goal is to mobilize the resources of a given country towards the achievement of socio economic development. Since all human activities that determine the existence of man are based on land urban land policy has to be formulated using a socioeconomic approach. This implies that we have to examine carefully and carry out a detailed analysis of the roles land has played in the lives of the people and more importantly how the existing land tenure system has affected the people. Economically as with any other factor of production the value of land is determined by the interaction of the market forces of demand and supply-whether overtly in a relatively free market or covertly as latent value in a controlled society. All these are some of the issues to be taken into consideration in the formulation of an urban land policy. (excerpt)

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