ABSTRACT

This chapter tests the validity of a particular element of market thinking that is prominent in the Dutch planners’ debate: possibilities for building activities to cross-subsidize open space maintenance and preservation. Recent Dutch legislation embraces the concept, although the powers to make real estate investors actually pay for adjacent regional open space are poor. Chapters 5, 6 and 7 together investigate the likeliness of private investments in open space. This chapter addresses the limitations of the cross-subsidizing concept in practice. Chapters 6 and 7 complement this by assessing respectively the actual effect of regional open space on real estate values and the American practices of private investments in open space.