Because of non-multiplication and non-movability of the land, it is impossible to maintain a limitless supply of the land to the quantity and location required by the people, and the requirement increase of the Land by population expansion and the soc...
Because of non-multiplication and non-movability of the land, it is impossible to maintain a limitless supply of the land to the quantity and location required by the people, and the requirement increase of the Land by population expansion and the socila movement does harm to the national economy causing the land price raise.
The raise of land price creates injustice, evokes loss of work desire, makes difficulty in purchasing house sites by white colors or workers resulting hindrance to the economic development.
Generally, because the elements of land price raises are based on various factors such as social, economic and administrative factor, it is necessary to establish a comprehensive measure in connection with various policies, Plans and intraorganic relations.
In this thesis, the formation of the land prices has been secured together with the characteristics of the land prices and described 11 types of the land price principles with the theory of land prices. In chapter 3, the fluctuation of the land prices is analized through home economy, business and public financial as to the affect to the national economy, and in chapter 4 provided some improvement measure in establishment of the land price system.
Firstly, the concept of the land ownership sould be reestablished. It is necessary to convert the concept of the ownership from the absolute possession to public concept for the effective utilization and reclamation and to eliminate land speculation of expecting land prIce raise.
Secondly, overcrowding population should be prevented and the land prices stablized through balanced land utilization and reclamation.
Third, in order to prevent confusion in transaction of the land, because the transaction of the land is effected by self-imposed control at the real estate market, it is necessary to control real estate brokers to secure fair, safe transaction with the proper prices.
Fourth, In order to expand the land supply, it is necessary to upgrade the land supply curve through taxation policy for the land owner possessing a certain level of the land, and to progress expansion of utility land supply through reclamation of mountains and forest.
As such, through proper utilization, development and effective control of the limited lands, we have to endeavour to materialize fair distribution of the wealth and welfare society.