Land banking
Buying multiple parcels together for future use / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Land banking?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
Land banking is the practice of aggregating parcels of land for future sale or development.
While in many countries land banking may refer to various private real estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities tasked with managing an inventory of surplus land.