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They do exist! There are, I believe, currently a few hundred in the US. They're just spreading very, very slowly. I imagine the main issue is a combination of l
by forgotuser 10y ago
They do exist! There are, I believe, currently a few hundred in the US. They're just spreading very, very slowly. I imagine the main issue is a combination of lack of public awareness + the difficulty of acquiring land + lack of public policy to accommodate the weird structure.
- bufordsharkley 10y agoAh, interesting. I'm familiar with some of the historical land trusts (Fairhope, Arden), but not the contemporary ones... I really need to learn more. I suppose they're mainly helpful for before when a housing market reaches the breaking point. That is, before the land is unaffordable. Are people trying CLTs in Detroit? It seems a natural place to experiment with it.