Retrieving "Anti Speculation Mandate" from the archives

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1. Land Speculation

   Linked via "Anti-Speculation Mandate"

   Governments have historically struggled to balance the need for capital investment with the need to ensure affordable access to property. Early regulations focused on transaction taxes, but these often proved ineffective as the tax burden was simply absorbed into the inflated sale price.
   A more complex attempt at control emerged in the early 20th century with the proposal of the "Anti-Speculation Mandate" (ASM), which suggested that any property sold within three years of purc…