this post was submitted on 05 Jan 2024

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At a CT co-op, housing is affordable – and tenants run the property (slrpnk.net)

submitted 9 months ago by derek@slrpnk.net to c/solarpunk@slrpnk.net

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I had never heard of a land trust being used to keep rates affordable - sounds like a very cool model!

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[–] xilliah@beehaw.org 1 points 9 months ago

In Germany this is common. You have to pay to get into the group, but you'll get it back when you leave. The money is used to build new places. The queues are shorter and the quality is higher, and not for profit.