Land banking is successful when it's complemented by support from different levels of government, governmental support, and especially by on-the-ground planning support. Neighbourhood planning and that sort of thing has to come in step, along with municipal financing, to support that sort of initiative, because it can't operate in isolation and be successful. It has to operate in tandem with other strategies that build that framework.
On February 9th, 2017. See this statement in context.