Many large developers have for years “gobbled-up” vacant land, not necessarily for their own development plans, but for resale to other developers (often at premium prices). There has been some...

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Many large developers have for years “gobbled-up” vacant land, not necessarily for their own development plans, but for resale to other developers (often at premium prices). There has been some criticism of this practice in the past, but as land in many areas becomes scarce, criticism has increased. How do you feel about this practice?
Answered Same DayFeb 28, 2021

Answer To: Many large developers have for years “gobbled-up” vacant land, not necessarily for their own...

Soumi answered on Feb 28 2021
141 Votes
Running Head: UTILIZATION OF VACANT LANDS    1
UTILIZATION OF VACANT LANDS         2
CRITICIZING UTILIZATIO
N OF VACANT LANDS BY LARGE DEVELOPERS FOR PERSONAL PURPOSES
Utilization of vacant lands for some noble purposes is an acceptable and praiseworthy practice that is favorable for the community. However, as argued by Glaum, Simao, Vaidya, Fitch and Iulinao (2017), when the same is done for personal purposes, it leads to various negative consequences, such as scarcity of lands for agricultural or settlement purposes. Similar is an issue I often notice in case of large developers, who have been utilizing and consuming pieces of vacant lands since ages only for the sake of their own benefits or profit making. As supported by Eidelman (2016),...
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