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Alain Bertaud on Cities, Markets, and People

Conversations with Tyler

Socialist Cities - Where in a Market Economy, the Planners Were Slowing Down the Transformation

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In a market city, developers realize that the land is expensive and therefore they can build more. If you are in a socialist country, like China before the reform or Russia at the time I were in the early 90s, you need the initiative of a planner to say we are going to build something new here. They will have to compensate not the owner but the user to move them somewhere else. So to the states, this is a net cash expenditure. To replace a low building by high building is a cash expenditure that the city has to pay. The system is reversed. In the market economy, the planners were slowing down the transformation where in a socialist economy,. the planners realize that it

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