With city dwellers facing ever-rising housing costs, there is rising interest in community land trusts (CLT) as a way to curtail rampant speculation in the property market and provide permanently affordable housing. Inspired by the garden cities movement and the ideas of Henry George, CLTs… Read More »Champlain Housing Trust: Affordable housing through community land ownership
In this article we explore the complex question of how to ensure that greenspace and other urban amenities will actually benefit the communities to which they are targeted. We will highlight the many benefits of urban greenspace, explore the lesser-known implications for both nearby house prices and the rents faced by tenants, and discuss ways to ensure that the attractive greenspaces are financed by those households who they benefit most while also making sure that vulnerable tenants also share in their many desirable social and environmental outcomes.
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