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Property rights and the 'transfer of development rights' questions of efficiency and equity

By: Language: English Series: Town Planning Review ; 78(1) 2007, 41-60(70)Publication details: 2007Subject(s): Summary: Describes how the system of transferable development rights (TDR) operates in the USA and in France. These experimental schemes are analysed, and conclusions are drawn regarding their effectiveness. Considers the conditions required for them to operate, given the great difference in development law between different countries. The relationship between property law, urban development regulations and tradable permits is seen as key to these conditions.
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Journal article London Journal article L137678 (Browse shelf(Opens below)) 1 Available 137678-1001

Describes how the system of transferable development rights (TDR) operates in the USA and in France. These experimental schemes are analysed, and conclusions are drawn regarding their effectiveness. Considers the conditions required for them to operate, given the great difference in development law between different countries. The relationship between property law, urban development regulations and tradable permits is seen as key to these conditions.