Active land policy in small municipalities in the Netherlands: “We don’t do it, unless.”

Due to their active role in land development, Dutch municipalities have suffered considerably from the economic crisis. The financial and economic effects are particularly striking in small municipalities. We conducted an empirical analysis to highlight the magnitude of the financial effects both pre- and post-crisis and to determine the potential reasons for these differences in small Dutch municipalities. Aside from the main reasons, such as housing demand stagnation and declining land prices, some additional causes are specifically responsible for the struggles of small Dutch municipalities... Mehr ...