Also view The Democratic Link

 

Presentations (.pdf)

 

Affordable Housing via Land Community Trust

 

Pension & Care

 

..............................................................................................................

 

Newspaper Headlines

 

  • Wealth divide could lead to rioting…” the widening gap between rich and poor.

  • “Plan houses for residents, not developers………” shared community living on land owned by the people.

  • “Cheap homes crisis…” only a third of essential low-cost homes are built.

  • “One million in rural poverty….” rural incomes being driven down, but second homes forcing up the price of homes.

  • "Nation of young mortgage slaves………” struggling first-time buyers are like `bonded labourers` working long hours to meet mortgage.

  • “Four million think they will never afford a house……” house hunters face an ever tougher battle to afford a first home.

  • “Baby gloom generation….” services for pensioners face unprecedented pressure as `baby boom` generation   reaches retirement age.

  • “Experts` fears over care home funding…” The Health Secretary is challenged over a confusing system, with high costs.                                                                                                             

  • "Housing crisis alert” people are living longer & divorce rate is increasing.

 

 

New Homes

We already have:-

  • Owner occupiers (with or without a mortgage).

  • Shared ownership (one can buy up to 80% of the property, which can be sold on open market, but is unlikely to be affordable for next generation).

  • Housing association homes (if you pay a rent, it never ends).
     

We could have Community Land Trusts:-

  • All developmental land would be passed over to a community trust and a rental would be paid to land owners.

  • The land would be valued the same as income from agricultural land, and this would be about £500 an acre.

  • If this were doubled to £1,000 an acre, it would not be unreasonable. Or with possibility of paying 25 or 50 years lease up front.

  • The Trust would oversee development and developers would be instructed to build houses for approx. £ 80,000.

  • The properties could be sold at cost (plus ground rent) to the people with a priority need in the district.

  • The only restriction would be that one must sell back to the Trust.