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2015年经济学人 城市土地 空间和都市

时间:2019-12-06 08:04来源:互联网 提供网友:nan   字体: [ ]
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Urban land

Space and the city

Poor land use in the world's greatest cities carries a huge cost

BUY land, advised Mark Twain; they're not making it any more. In fact, land is not really scarce:

the entire population of America could fit into Texas with more than an acre for each household to enjoy.

What drives prices skyward is a collision between rampant1 demand and limited supply in the great metropolises3 like London, Mumbai and New York.

In the past ten years real prices in Hong Kong have risen by 150%. Residential4 property in Mayfair, in central London,

can go for as much as 55,000 (82,000) per square metre. A square mile of Manhattan residential property costs 16.5 billion.

Even in these great cities the scarcity5 is artificial. Regulatory limits on the height and density6 of buildings constrain7 supply and inflate8 prices.

A recent analysis by academics at the London School of Economics estimates that land-use regulations in the West End of London inflate the price of office space by about 800%; in Milan and Paris the rules push up prices by around 300%.

Most of the enormous value captured by landowners exists because it is well-nigh impossible to build new offices to compete those profits away.

The costs of this misfiring property market are huge, mainly because of their effects on individuals.

High housing prices force workers towards cheaper but less productive places.

According to one study, employment in the Bay Area around San Francisco would be about five times larger than it is but for tight limits on construction.

Tot up these costs in lost earnings9 and unrealised human potential, and the figures become dizzying.

Lifting all the barriers to urban growth in America could raise the country's GDP by between 6.5% and 13.5%, or by about 1 trillion-2 trillion.

It is difficult to think of many other policies that would yield anything like that.

Metro2 stops

Two long-run trends have led to this fractured market. One is the revival10 of the city as the central cog in the global economic machine.

In the 20th century, tumbling transport costs weakened the gravitational pull of the city; in the 21st, the digital revolution has restored it.

Knowledge-intensive industries such as technology and finance thrive on the clustering of workers who share ideas and expertise12.

The economies and populations of metropolises like London, New York and San Francisco have rebounded13 as a result.

What those cities have not regained14 is their historical ability to stretch in order to accommodate all those who want to come.

There is a good reason for that: unconstrained urban growth in the late 19th century fostered crime and disease.

Hence the second trend, the proliferation of green belts and rules on zoning.

Over the course of the past century land-use rules have piled up so plentifully15 that getting planning permission is harder than hailing a cab on a wet afternoon.

London has strict rules preventing new structures blocking certain views of St Paul's Cathedral.

Google's plans to build housing on its Mountain View campus in Silicon16 Valley are being resisted on the ground that residents might keep pets,

which could harm the local owl11 population. Nimbyish residents of low-density districts can exploit planning rules on everything from light levels to parking spaces to block plans for construction.

A good thing, too, say many. The roads and rails criss-crossing big cities already creak under the pressure of growing populations.

Dampening property prices hurts one of the few routes to wealth-accumulation still available to the middle classes.

A cautious approach to development is the surest way to preserve public spaces and a city's heritage: give economists17 their way,

and they would quickly pave over Central Park.

However well these arguments go down in local planning meetings, they wilt18 on closer scrutiny19. Home ownership is not especially egalitarian.

Many households are priced out of more vibrant20 places. It is no coincidence that the home-ownership rate in the metropolitan21 area of downtrodden Detroit,

at 71%, is well above the 55% in booming San Francisco. You do not need to build a forest of skyscrapers22 for a lot more people to make their home in big cities.

San Francisco could squeeze in twice as many and remain half as dense23 as Manhattan.

Property wrongs

Zoning codes were conceived as a way to balance the social good of a growing, productive city and the private costs that growth sometimes imposes.

But land-use rules have evolved into something more pernicious: a mechanism24 through which landowners are handed both unwarranted windfalls and the means to prevent others from exercising control over their property.

Even small steps to restore a healthier balance between private and public good would yield handsome returns. Policymakers should focus on two things.

First, they should ensure that city-planning decisions are made from the top down. When decisions are taken at local level, land-use rules tend to be stricter.

Individual districts receive fewer of the benefits of a larger metropolitan population (jobs and taxes) than their costs (blocked views and congested streets).

Moving housing-supply decisions to city level should mean that due weight is put on the benefits of growth.

Any restrictions25 on building won by one district should be offset26 by increases elsewhere, so the city as a whole keeps to its development budget.

Second, governments should impose higher taxes on the value of land. In most rich countries, land-value taxes account for a small share of total revenues.

Land taxes are efficient. They are difficult to dodge27; you cannot stuff land into a bank-vault in Luxembourg.

Whereas a high tax on property can discourage investment, a high tax on land creates an incentive28 to develop unused sites.

Land-value taxes can also help cater29 for newcomers. New infrastructure30 raises the value of nearby land, automatically feeding through into revenues—which helps to pay for the improvements.

Neither better zoning nor land taxes are easy to impose. There are logistical hurdles31, such as assessing the value of land with the property stripped out.

The politics is harder still. But politically tricky32 problems are ten-a-penny. Few offer the people who solve them a trillion-dollar reward.


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1 rampant LAuzm     
adj.(植物)蔓生的;狂暴的,无约束的
参考例句:
  • Sickness was rampant in the area.该地区疾病蔓延。
  • You cannot allow children to rampant through the museum.你不能任由小孩子在博物馆里乱跑。
2 metro XogzNA     
n.地铁;adj.大都市的;(METRO)麦德隆(财富500强公司之一总部所在地德国,主要经营零售)
参考例句:
  • Can you reach the park by metro?你可以乘地铁到达那个公园吗?
  • The metro flood gate system is a disaster prevention equipment.地铁防淹门系统是一种防灾设备。
3 metropolises 3d837c2865033f3eb08d5709dbe6d0ee     
n.一国的主要城市(不一定是首都)( metropolis的名词复数 );中心;大都会;大城市
参考例句:
  • That season, you ride it, all metropolises achieve what one wishes! 那时节,您骑上它,一切都会如愿以偿! 来自互联网
  • Carl has carried the banner in infernal metropolises. 卡尔曾经在那些地狱般的大都市流浪街头。 来自互联网
4 residential kkrzY3     
adj.提供住宿的;居住的;住宅的
参考例句:
  • The mayor inspected the residential section of the city.市长视察了该市的住宅区。
  • The residential blocks were integrated with the rest of the college.住宿区与学院其他部分结合在了一起。
5 scarcity jZVxq     
n.缺乏,不足,萧条
参考例句:
  • The scarcity of skilled workers is worrying the government.熟练工人的缺乏困扰着政府。
  • The scarcity of fruit was caused by the drought.水果供不应求是由于干旱造成的。
6 density rOdzZ     
n.密集,密度,浓度
参考例句:
  • The population density of that country is 685 per square mile.那个国家的人口密度为每平方英里685人。
  • The region has a very high population density.该地区的人口密度很高。
7 constrain xpCzL     
vt.限制,约束;克制,抑制
参考例句:
  • She tried to constrain herself from a cough in class.上课时她竭力忍住不咳嗽。
  • The study will examine the factors which constrain local economic growth.这项研究将考查抑制当地经济发展的因素。
8 inflate zbGz8     
vt.使膨胀,使骄傲,抬高(物价)
参考例句:
  • The buyers bid against each other and often inflate the prices they pay.买主们竞相投标,往往人为地提高价钱。
  • Stuart jumped into the sea and inflated the liferaft.斯图尔特跳到海里给救生艇充气。
9 earnings rrWxJ     
n.工资收人;利润,利益,所得
参考例句:
  • That old man lives on the earnings of his daughter.那个老人靠他女儿的收入维持生活。
  • Last year there was a 20% decrease in his earnings.去年他的收入减少了20%。
10 revival UWixU     
n.复兴,复苏,(精力、活力等的)重振
参考例句:
  • The period saw a great revival in the wine trade.这一时期葡萄酒业出现了很大的复苏。
  • He claimed the housing market was showing signs of a revival.他指出房地产市场正出现复苏的迹象。
11 owl 7KFxk     
n.猫头鹰,枭
参考例句:
  • Her new glasses make her look like an owl.她的新眼镜让她看上去像只猫头鹰。
  • I'm a night owl and seldom go to bed until after midnight.我睡得很晚,经常半夜后才睡觉。
12 expertise fmTx0     
n.专门知识(或技能等),专长
参考例句:
  • We were amazed at his expertise on the ski slopes.他斜坡滑雪的技能使我们赞叹不已。
  • You really have the technical expertise in a new breakthrough.让你真正在专业技术上有一个全新的突破。
13 rebounded 7c3c38746f183ba5eac1521bcd358376     
弹回( rebound的过去式和过去分词 ); 反弹; 产生反作用; 未能奏效
参考例句:
  • The ball rebounded from the goalpost and Owen headed it in. 球从门柱弹回,欧文头球将球攻进。
  • The ball rebounded from his racket into the net. 球从他的球拍上弹回网中。
14 regained 51ada49e953b830c8bd8fddd6bcd03aa     
复得( regain的过去式和过去分词 ); 赢回; 重回; 复至某地
参考例句:
  • The majority of the people in the world have regained their liberty. 世界上大多数人已重获自由。
  • She hesitated briefly but quickly regained her poise. 她犹豫片刻,但很快恢复了镇静。
15 plentifully f6b211d13287486e1bf5cd496d4f9f39     
adv. 许多地,丰饶地
参考例句:
  • The visitors were plentifully supplied with food and drink. 给来宾准备了丰富的食物和饮料。
  • The oil flowed plentifully at first, but soon ran out. 起初石油大量涌出,但很快就枯竭了。
16 silicon dykwJ     
n.硅(旧名矽)
参考例句:
  • This company pioneered the use of silicon chip.这家公司开创了使用硅片的方法。
  • A chip is a piece of silicon about the size of a postage stamp.芯片就是一枚邮票大小的硅片。
17 economists 2ba0a36f92d9c37ef31cc751bca1a748     
n.经济学家,经济专家( economist的名词复数 )
参考例句:
  • The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
  • Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》
18 wilt oMNz5     
v.(使)植物凋谢或枯萎;(指人)疲倦,衰弱
参考例句:
  • Golden roses do not wilt and will never need to be watered.金色的玫瑰不枯萎绝也不需要浇水。
  • Several sleepless nights made him wilt.数个不眠之夜使他憔悴。
19 scrutiny ZDgz6     
n.详细检查,仔细观察
参考例句:
  • His work looks all right,but it will not bear scrutiny.他的工作似乎很好,但是经不起仔细检查。
  • Few wives in their forties can weather such a scrutiny.很少年过四十的妻子经得起这么仔细的观察。
20 vibrant CL5zc     
adj.震颤的,响亮的,充满活力的,精力充沛的,(色彩)鲜明的
参考例句:
  • He always uses vibrant colours in his paintings. 他在画中总是使用鲜明的色彩。
  • She gave a vibrant performance in the leading role in the school play.她在学校表演中生气盎然地扮演了主角。
21 metropolitan mCyxZ     
adj.大城市的,大都会的
参考例句:
  • Metropolitan buildings become taller than ever.大城市的建筑变得比以前更高。
  • Metropolitan residents are used to fast rhythm.大都市的居民习惯于快节奏。
22 skyscrapers f4158331c4e067c9706b451516137890     
n.摩天大楼
参考例句:
  • A lot of skyscrapers in Manhattan are rising up to the skies. 曼哈顿有许多摩天大楼耸入云霄。
  • On all sides, skyscrapers rose like jagged teeth. 四周耸起的摩天大楼参差不齐。
23 dense aONzX     
a.密集的,稠密的,浓密的;密度大的
参考例句:
  • The general ambushed his troops in the dense woods. 将军把部队埋伏在浓密的树林里。
  • The path was completely covered by the dense foliage. 小路被树叶厚厚地盖了一层。
24 mechanism zCWxr     
n.机械装置;机构,结构
参考例句:
  • The bones and muscles are parts of the mechanism of the body.骨骼和肌肉是人体的组成部件。
  • The mechanism of the machine is very complicated.这台机器的结构是非常复杂的。
25 restrictions 81e12dac658cfd4c590486dd6f7523cf     
约束( restriction的名词复数 ); 管制; 制约因素; 带限制性的条件(或规则)
参考例句:
  • I found the restrictions irksome. 我对那些限制感到很烦。
  • a snaggle of restrictions 杂乱无章的种种限制
26 offset mIZx8     
n.分支,补偿;v.抵消,补偿
参考例句:
  • Their wage increases would be offset by higher prices.他们增加的工资会被物价上涨所抵消。
  • He put up his prices to offset the increased cost of materials.他提高了售价以补偿材料成本的增加。
27 dodge q83yo     
v.闪开,躲开,避开;n.妙计,诡计
参考例句:
  • A dodge behind a tree kept her from being run over.她向树后一闪,才没被车从身上辗过。
  • The dodge was coopered by the police.诡计被警察粉碎了。
28 incentive j4zy9     
n.刺激;动力;鼓励;诱因;动机
参考例句:
  • Money is still a major incentive in most occupations.在许多职业中,钱仍是主要的鼓励因素。
  • He hasn't much incentive to work hard.他没有努力工作的动机。
29 cater ickyJ     
vi.(for/to)满足,迎合;(for)提供饮食及服务
参考例句:
  • I expect he will be able to cater for your particular needs.我预计他能满足你的特殊需要。
  • Most schools cater for children of different abilities.大多数学校能够满足具有不同天资的儿童的需要。
30 infrastructure UbBz5     
n.下部构造,下部组织,基础结构,基础设施
参考例句:
  • We should step up the development of infrastructure for research.加强科学基础设施建设。
  • We should strengthen cultural infrastructure and boost various types of popular culture.加强文化基础设施建设,发展各类群众文化。
31 hurdles ef026c612e29da4e5ffe480a8f65b720     
n.障碍( hurdle的名词复数 );跳栏;(供人或马跳跃的)栏架;跨栏赛
参考例句:
  • In starting a new company, many hurdles must be crossed. 刚开办一个公司时,必须克服许多障碍。 来自《简明英汉词典》
  • There are several hurdles to be got over in this project. 在这项工程中有一些困难要克服。 来自辞典例句
32 tricky 9fCzyd     
adj.狡猾的,奸诈的;(工作等)棘手的,微妙的
参考例句:
  • I'm in a rather tricky position.Can you help me out?我的处境很棘手,你能帮我吗?
  • He avoided this tricky question and talked in generalities.他回避了这个非常微妙的问题,只做了个笼统的表述。
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TAG标签:   2015年听力  经济学人
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