Mechanisms For Market-Based Land Use Control

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.
June 29, 2004, 8am PDT | Abhijeet Chavan | @legalaidtech
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"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."

Thanks to Elena Sheridan

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Published on Monday, October 24, 2005 in The Brookings Institution
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