In this episode I sit down for a far-reaching conversation about the valuation of unregistered land with Mike McDermott PhD MA FAPI FRSA. Mike is an International Land Policy and Valuation Implementation Consultant who is also the author of Wicked Valuations and Landed Property. He has advised a diversity of governments, development agencies, donors and professional organisations.
Traditional valuation approaches are increasingly recognised as being insufficient to address the wicked valuation problems of the diverse peoples and groups that inhabit the globe from north, south, east to west. We discuss land policy, land reform, customary land, peri-urban developments, fitness landscapes, compulsory acquisition, due diligence, market value, solatium and the principle of equivalence. We explore the importance of the the personal, cultural values and norms which underpin our assessment of "value", and how to incorporate these in the valuation of unregistered land. Mike's innovative approach to Wicked Valuations develops a means of engaging with highly complex valuation problems.
©️ Spike Boydell 2023
Host: Spike Boydell
Royalty free music used in this episode is from my Artlist.io subscription.
DISCLAIMER: The views, insights and opinions shared on the Customary Land Podcast are those of the Host, any Guests, and others they may cite. They do not constitute legal or financial advice and should not be construed as such by any individual, group or organisation. Before undertaking any dealing or action relating to customary land, individuals, groups or organisations should obtain professional advice from a qualified lawyer, experienced valuer and/or certified accountant with specialist expertise in your particular country. Alternatively, you can contact Customary Land Solutions for advocacy, advisory and capacity building solutions for customary and indigenous landowning groups and trusts on land management, leasehold, valuation and resource compensation issues (E: email@example.com).