Is Community Land Trust a Solution to the Unaffordable Housing Problem?

  1. Right-to-Buy: the government builds (or buy from the markets) and sells the housing units at an affordable price level to the eligible households;
  2. Public Rental Housing: the government builds (or rent from the markets) and let the public housing units at an affordable rental level to the eligible households;
  3. Mortgage Policy: the government or the central bank sets a higher loan-to-value (LTV) ratio, or provides a concessionary mortgage rate, or allows a longer repayment period, or an easier means test, etc. for the eligible households to apply for the mortgages; or
  4. Financial Subsidy or Control: the government provides subsidies/allowances/coupons for eligible households to buy or rent their homes at the private housing markets, or enact regulations (such as rent control, tax, and stamp duty) to manage housing demand.
Figure 1 Cover of the “Land for the Many”
Figure 2 A Cooperative Housing Project in Berlin.

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ecyY

ecyY

ecyY — easy to understand why, easy to study why. Finding the truths scientifically is the theme.