"By increasing the cost of merely holding land and decreasing the transaction costs for the use of land, an increase in economic activity would ensue," said Schive.
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Thu, Dec 27, 2001 - Page 18 News List
Loosen restrictions on land, pundits say
REVAMP To spur activity in the real-estate sector, experts suggest removing the tax on land transactions, increasing the cost of holding land and removing land-use controls
By Stanley Chou / STAFF REPORTER
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