This doesn’t fight gentrification, it isgentrification. The people who would be able to pay into this scheme aren’t the types who need to worry about their neighbourhood becoming so ‘improved’ that they can’t afford to live there anymore.
The only way that neighborhoods can protect themselves from gentrification is through community land trusts.
These are horribly complex to setup and require the purchase of property which is very time consuming.
The communities that need CLTs the most are the least likely to have the resources to form one.
Exactly. I live in an area being gentrified. I hate that anything nice means I won’t be able to keep living here but I can’t afford to live somewhere with nice things
Everywhere I move in Ohio winds up gentrified if it isn’t bumfuck nowhere. Like fuckin hell there’s not even bus service out this far and the landlord is trying to gentrify. I used to live in a place with street dealers, apartment fires, and pest infestations and now that neighborhood has luxury housing. This wasn’t long ago, they were building it when I moved out mid pandemic
I’m curious what you mean. I’ll admit that I wrote it off as plain platform capitalism, just from the headline. But sometimes people come up with these things with good intentions
this is how to fight gentrification but sure white girl call it taxes.
This doesn’t fight gentrification, it is gentrification. The people who would be able to pay into this scheme aren’t the types who need to worry about their neighbourhood becoming so ‘improved’ that they can’t afford to live there anymore.
The only way that neighborhoods can protect themselves from gentrification is through community land trusts. These are horribly complex to setup and require the purchase of property which is very time consuming. The communities that need CLTs the most are the least likely to have the resources to form one.
Exactly. I live in an area being gentrified. I hate that anything nice means I won’t be able to keep living here but I can’t afford to live somewhere with nice things
I used to live in a part of L.A. that’s been gentrified. Rent is literally double what we were paying.
Everywhere I move in Ohio winds up gentrified if it isn’t bumfuck nowhere. Like fuckin hell there’s not even bus service out this far and the landlord is trying to gentrify. I used to live in a place with street dealers, apartment fires, and pest infestations and now that neighborhood has luxury housing. This wasn’t long ago, they were building it when I moved out mid pandemic
I’m curious what you mean. I’ll admit that I wrote it off as plain platform capitalism, just from the headline. But sometimes people come up with these things with good intentions
https://lemmy.ml/comment/10373382
Hmm interesting. Sounds a little bit like a woke HOA, but maybe that isn’t awful
Link for the lazy: https://en.wikipedia.org/wiki/Community_land_trust
Yah I’ve asked a few real estate agents and lawyers the difference and I still can’t reconcile them.
I’m look at establishing one in Anacostia to build the area up without pushing out the wonderful public services here.