<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>In this article, I address the by-product of the property reform—perpetual land lease—with a case study of Latvia. Contributing to scholarship on the challenge of property reforms after generations of dispossession, I examine the economic meaning of property restitution in this post-Soviet context. Using process-tracing and policy analysis techniques to examine the creation and implementation of Latvia's restitution policy in the aftermath of independence from the Soviet Union, I tackle the research question: “Have the property rights of the parties been considered during these reforms?” I use two theories to answer this question: one of law and economics, by applying the theory of efficient regulation and Normative Hobbes Theorem (coalesced from the Coase Theorem and the Hobbes Theorem) and the other of transitional justice, by analysing the perpetual lease relations as part of restitution policy, aimed at providing justice to victims of the Soviet occupation and nationalization. In this paper, I illustrate that state intervention by normatively fixing the lease fee is necessary to prevent infringement of property rights of the landowners, thus ensuring that restitution as a transitional justice measure has reached its aim.</p>
</abstract>

In this article, I address the by-product of the property reform—perpetual land lease—with a case study of Latvia. Contributing to scholarship on the challenge of property reforms after generations of dispossession, I examine the economic meaning of property restitution in this post-Soviet context. Using process-tracing and policy analysis techniques to examine the creation and implementation of Latvia's restitution policy in the aftermath of independence from the Soviet Union, I tackle the research question: “Have the property rights of the parties been considered during these reforms?” I use two theories to answer this question: one of law and economics, by applying the theory of efficient regulation and Normative Hobbes Theorem (coalesced from the Coase Theorem and the Hobbes Theorem) and the other of transitional justice, by analysing the perpetual lease relations as part of restitution policy, aimed at providing justice to victims of the Soviet occupation and nationalization. In this paper, I illustrate that state intervention by normatively fixing the lease fee is necessary to prevent infringement of property rights of the landowners, thus ensuring that restitution as a transitional justice measure has reached its aim.

Rent control: a friend or foe

Socrates. Rīga Stradiņš University Faculty of Law Electronic Scientific Journal of Law.

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"Rent control: a friend or foe"}

In this article, I address the by-product of the property reform—perpetual land lease—with a case study of Latvia. Contributing to scholarship on the challenge...

Applicant	Land lot (Sqm)	cadastar value of leased land	Lease (6%)	Lease (3%)	number of apartments	av.yearly lease per apartment (6%)	av.yearly lease per apartment (3%)
Dz71	1300	36852	2211.12	1474.08	106	20.86	10.43
B35	3520	194314	11658.84	7772.56	192	60.72	30.36
Ū24	4940	243781	14626.86	9751.24	166	88.11	44.06
M112	999	48162	2889.72	1926.48	18	160.54	80.27

Rent control: a friend or foe

Article Category: Research Article

Data publikacji: 31 maj 2023

Zakres stron: 49 - 58

DOI: https://doi.org/10.25143/socr.25.2023.1.49-58

Słowa kluczowe
perpetual lease, regulated prices, restitution, transitional justice

© 2023 Arta Snipe, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

j.socr.25.2023.1.49-58.tab.001

Rent control: a friend or foe

Article Category: Research Article

Data publikacji: 31 maj 2023

Zakres stron: 49 - 58

DOI: https://doi.org/10.25143/socr.25.2023.1.49-58

Słowa kluczoweperpetual lease, regulated prices, restitution, transitional justice

© 2023 Arta Snipe, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

j.socr.25.2023.1.49-58.tab.001

Słowa kluczowe
perpetual lease, regulated prices, restitution, transitional justice