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this post was submitted on 05 Dec 2023
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We need to expand community land trusts to ensure people have housing. Just going to copy and paste a previous comment since I was just talking about them in a thread about HOAs.
If the program was expanded the bar to entry could be lifted. I had to hold off on a raise that I got while we were in the middle of the buying process to make sure I didn't go over the cap, which is hilarious (sad) since we still struggle with my current income. Friends of ours missed out and moved out of state because they were a few paltry thousand over the cap, the work in restaurants and had they not declared their tips they would have had a house in the city they love.
A great start would be seizing these vulture's properties that are compounding the problem.
It sucks that this is how you have to approach it to have affordable housing.
The only reason it sucks is because the program is so limited by units available. If the program was more widespread that bar to entry could be removed entirely.
The brightside is that it is a clear path forward out of our current situation. We just need to spread awareness and collectively demand action.
Homestead CLT is the program if you want to know more. I highly encourage everyone to see if there is a Community Land Trust in their area.