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Mechanisms For Market-Based Land Use Control

Posted by: Abhijeet Chavan
Thanks to: Elena Sheridan
29 June 2004 - 8:00am

Using case studies and a national survey, this paper examines transfers of development rights (TDRs) and other market-based land preservation techniques like mitigation banking and density transfer fees.

"In order to truly succeed, it is critical for TDRs and mitigation banks to be placed in the context of a larger, comprehensive land use plan that has specific regional goals for urban development and land conservation. Such a plan must have strong political support and an air of endurance, so that neither landowners nor neighbors will believe it can be easily changed."

Full Story: Mechanisms for Market-Based Land Use Control
Source: The Brookings Institution, October 24, 2005
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