Winter 1978, Vol 3, No 2
Abstract: The urban land market lets firms enjoy synergy via mutual aid, without loss of independence. Synergy entails mutual access, sharing costs, specialization, competition, choice, flexibility, pooling, innovation, and information. But, the author contends, parasitic land uses hinder synergy. These are uses which pollute, crowd the lot lines, overload the infrastructure, are cross-subsidized, are absentee-owned, dilapidated, too self contained, or simply absent. He illustrates how constructive remedies combine user charges and measured subventions in optimal balance with land taxation.