That wouldn't stop land banking, the companies hold the land till they want to work their next development, this prevents competition from developing the land and restricts availability inflating prices.
Are you advocating compulsory asset purchases?
No, but a Land Tax on underdeveloped plots of land could work.
Define undeveloped. Woodland, farmland, nature reserves?
Most of the development land round here is owned by housing firms or pension funds but still being actively farmed by the original farms.
@mespilus started
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That wouldn't stop land banking, the companies hold the land till they want to work their next development, this prevents competition from developing the land and restricts availability inflating prices.
Are you advocating compulsory asset purchases?