Assessment of the trends of urban land lease price from spatio-temporal perspective in Ethiopia: evidence from Bahir Dar City

Abstract

AbstractLand price maps help the government and stakeholders to recognize fluctuations in land values in the economy. This paper aims to examine the trends of land lease prices from spatio-temporal perspectives for development. The study employed a mixed research approach. The result indicated that the lease price of residential land has been increasing rapidly in the past decade. Inefficiency in the land administration system, high speculation, and low provision of land for auction are the main drivers for the increment. The researchers thus suggest that the government rethink the tenure system, impose the maximum number and size of land parcels, and introduce the capital gain tax.Keywords: Land priceleaseland value mapspatio-temporalEthiopia AcknowledgmentsThe authors would like to thank all participants of the study for their time and patience in participating in the survey which forms the basis for this research. They would like also to express our sincere thanks to the editor and anonymous reviewers for their constructive comments and suggestions that greatly helped to improve our manuscript.Disclosure statementNo potential conflict of interest was reported by the author(s).Additional informationFundingThis work was funded by Bahir Dar University, Ethiopia.Notes on contributorsHabtamu Bishaw AsresHabtamu Bishaw Asres is currently an assistant professor in land policy and governance at the Institute of Land Administration, Bahir Dar University, Ethiopia. He obtained his MSc and Ph.D. degrees from Bahir Dar University in 2016 and 2021, respectively. He is a member of the Ethiopian Land Administration Professionals Association (ELAPA) and his current research focuses on Land Governance, real property valuation, and Land administration and management.Habtamu Sitotaw SemahegneHabtamu Sitotaw Semahagne is an assistant professor of Land Policy, Governance and Law at the Institute of Land Administration, Bahir Dar University, Ethiopia. His research area includes land policy, land governance, land rights, federalism land rights and women’s land rights.Abebe Mengaw WubieAbebe Mengaw Wubie is an assistant professor at the Institute of Land Administration, Bahir Dar University. He has been working as a university lecturer and researcher since 2007. He has teaching/training and project management experience in GIS, remote sensing, photogrammetry, Web GIS, 3D mapping, land registration, land use, and land governance strategies. His work has also been published seven times in reputable journals. He is interested in researching land governance, land information/cadastre, land valuation and geospatial science. He received his first degree in geography and environmental studies from Jimma University in 2007, an MSc in geo-information system from Bahir Dar University in 2010, and a Doctor of Philosophy in land policy and governance: Specializing in Land Use Management and Decision Support System in 2021.