China had a relatively more liberal land market, hampered only by weak customary traditions.
By doing so, it is hoped to develop a far better understanding of how industrial land markets work in practice.
This new draft left only one option: the "capitalist" land market.
Nor was this simply because the land market was developed earlier.
'The land market, like everything in farming at the moment, is a muddle,' he says.
In 1837 the land market turned sour, settlement slowed, and Illinois sank into a deep depression.
In fact, without their knowledge of the booming land market, the American negotiators would have found it hard to accept the French price.
Whitewater was ready to sell, but the local land market was already souring.
Bank investment and insecurity in the land market contributed to slow development in the 1990s.
And even on the rising land market, he continued to buy choice factory sites and building properties.