Land-Development-Right Pricing Based on Spatial Characteristics in Urban Local Function Regeneration
The transfer of urban development goals from two-dimensional land to three-dimensional space leads to the dilemmas of the functional adjustment of partial space in the building, such as an unclear property right system, vague land financial expropriation method, uncertain economic value, etc. This study aims to understand land-development-right pricing based on spatial characteristics in spatial function regeneration. Especially, we deal with the following questions: (1) How do we identify the spatial development rights and their pricing?