Difference between revisions of "Community Land Trust"
(link Rent to show this word is used to indicate an "at cost" tax)
Revision as of 11:22, 30 July 2010
Book: The Community Land Trust. E.F. Schumacher Institute.
"The idea seems to be that the land (and ALL things it contains, like oil, coal, etc) is held by the community in trust. Then members can in essence "Rent" the land and build whatever they want (within reason) on it. The land is "their land" in the sense that they cannot be expelled and they can use it to make a profit, however, they can neither sub-let the land or sell it at a profit (land speculation)." (http://middletnchesterton.blogspot.com/2008/03/insanity-and-sanity.html)
National CLT Network at http://www.cltnetwork.org/