The purpose of this paper is to challenge much of the conventional wisdom about the indisputable desirability of government intervention into urban land markets and to argue for a reduction in the scope and direction of public policies and actions. The paper is divided into five sections. After the Introduction, the second section explains why urban land policy reform is needed. The third assesses current land market problems, arguing that there is too much government intervention in the wrong places and not enough in the right places. It outlines the problems of irrelevant land-use planning, overregulation, and high standards, red tape, and inefficient public land development. It also describes where government is needed: land titling and registration, financing infrastructure, and promoting inner-city redevelopment. Section four offers suggestions about how to go about reforming urban land policy. It focuses on assessing urban land market problems, decentralizing land management authority to local governments, deregulation, privatization, improving land market efficiency, and financing infrastructure to support urban growth. This section also discusses some of the special problems associated with land reform in socialist countries. The final section of the paper offers conclusions about reforming urban land policies.