What is the actual procedure through which this happens? You buy the land and then are granted permission on a discretionary basis? It seems to me that if you were a small business this becomes much harder to participate in because you need to acquire and hold the unproductive asset.
This would mean that land use tends towards that which large firms (which can sustain the costs easily by self-financing) find useful.
This would mean that land use tends towards that which large firms (which can sustain the costs easily by self-financing) find useful.