Transfers of development rights (TDRs) seem an ideal solution to the incessant conflict between land conservation and property rights. They also can serve as a useful tool to reconcile urbanization pressures and the desire to preserve rural and exurban land.
Using case studies and a national survey, this paper examines TDRs and other market-based land preservation techniques like mitigation banking and density transfer fees.
The Brookings Institution is committed to quality, independence, and impact.
We are supported by a diverse array of funders. In line with our values and policies, each Brookings publication represents the sole views of its author(s).