I've bought from a land trust. It keeps almost all the appreciation while I take all depreciation. It keeps prices up in the market and supports a hoard of social workers who couldn't be employed elsewhere. The only loser? The people who work multiple jobs, but can't afford homes. This is no solution. It shouldn't even exist.
This is a very good concept! In these days of city life - where many people and 1-2 generations of their ancestors have grown up in cities - people have gotten used to not be in charge of their own lives, including the places where they live. People are not aware of what has been lost, and of how life can be organised instead.
Wealth is owning land - not the house on it. The house goes down in value and requires maintenance. You have no control over the land your biggest investment sits on and are leasing. This is Marxist Collectivism and it is bad idea..
"the new households forming each year" you mean the foreign invaders coming on boats that the government told to come here? Yeah fuq that. They need to go. It can't be a community land trust if there is no longer a cohesive community.
To be clear: Step 1 - Land is bought by, or transferred to the CLT. Step 2 - The CLT Build then builds the homes of assets (either by commissioning a developer or housing association or building themselves) Step 3 - Maintenance and management is performed by volunteers in perpetuity, for the benefit of the CLT. Step 4 - Poor people obtain affordable housing. This might seem like a silly question - but how does the land get bought and the homes built? Someone has to sweat to build the homes - who? Why? I don't get it.
From what little I understand, the money is rased and built for the community themselves. Likely the future occupants of the land, possibly other community members as well. This money is likely also used to build the homes. If volunteers (likely the same people I mentioned before) aren’t building it themselves (which is also very possible).
LOVE SPELL THAT WORKS.. I am sharing this testimony to partners suffering in relationships or lost their marriage, There is an enduring solution my husband left me and our kids for another woman for 3 years. I tried to be strong just for my kids but I could not control the pains that torment my heart I was hurt and confused i needed a help so i did a research on the internet and came across a site where I saw this Dr izebho a spell caster who can help get lovers back and other help you may need. i contacted him and he did a special prayer and spells for me. To my surprises after some days my husband came back home! That was how we reunited again and there was a lot of love, joy and peace in the family. You can as well contact Dr izebho a powerful spellcaster for solution contact him directly on on his Email: izebhospelltemple@gmail.com
For many years I worked in the Housing & Community Development at Fannie Mae. One of my responsibilities was to work with the Institute for Community Economics and other groups promoting the creation and expansion of community land trusts. One strategy I advanced was to create city-wide or community-wide CLTs using a scattered-site strategy. The marketing group at Fannie Mae decided not to put any funds behind this initiative because they did not believe the amount of business to be generated justified the development and promotional expenses. So, the blueprint sat on the shelf. I eventually retired but still continue to believe in the strategy. If anyone would like to learn more, contact me at edod08034@comcast.net. I am happy to send you a copy of the paper I wrote on the initiative. Edward J. Dodson
Why is it nearly impossible to find out how much potential homeowners are actually going to save with CLT purchase? “Affordable” is relative. Give examples
@@tarvey Depending on what house is being built it is possible for it to be 40k, the reason why house prices are far more than that is because of housing scarcity rather than labour and material cost, in this scenario cost = price making it far cheaper than accounting for scarcity.
@Maxim Gogo Corruption is everywhere, so much so that it seems to be just part of life like the third world . Morality has been slowly eroded away by subversive change agents, just because a death cult wants the world to end so the Messiah will return. Nutters!!!
