The Role of Land Speculators around the Urban Edge of Shashemene City, Ethiopia

Berhanu Girma Abebe,Bedane Shata Gemeda,Giuseppe T Cirella

doi:10.29333/ejosdr/6296

Berhanu Girma Abebe, Bedane Shata Gemeda + Show 1 more

Open Access

https://doi.org/10.29333/ejosdr/6296

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Abstract

The high demand for land provides land speculators the opportunity to hold land in anticipation of a price increase over time. Although the objective of the 1993 Land Use Statement was to test extra land speculation, the announcement has only been successful in fueling it. This study examines the role of land speculators around the outer edge of Shashemene’s metropolitan area. Primary data for this study was collected through a questionnaire with 73 respondents who were sampled using snowball sampling techniques. The chief findings of this study reveal that land speculation is still practiced in the study area, and the respondents affirmed that land speculators engaged in land speculation mostly for economic benefits.

Highlights

Land, ordinary, is a useful resource that requires improvement
Land has long been the primary cause of controversies, disputes, or conflicts between individuals, groups, societies, and international locations
The need to develop occupancy to precede socialist international locations is by no means a challenge left unmet

Summary

Introduction

Ordinary, is a useful resource that requires improvement. Land has long been the primary cause of controversies, disputes, or conflicts between individuals, groups, societies, and international locations. Land ownership is a primary trading state for individuals, societies, and governments (Yirsaw, 2010). In this view, the need to develop occupancy to precede socialist international locations is by no means a challenge left unmet. Each boom is based on tenable land ownership. Those nations that witness extensive registration and safeguarding of land and deal with issues undergo a tremendous degree of economic progress. As studies show a number of metropolitan administrators may have used income from land and land-related tendencies to protect costs used for infrastructure and various urban development activities (Abrahamson, 1983)

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