To be clear: Step 1 - Land is bought by, or transferred to the CLT. Step 2 - The CLT Build then builds the homes of assets (either by commissioning a developer or housing association or building themselves) Step 3 - Maintenance and management is performed by volunteers in perpetuity, for the benefit of the CLT. Step 4 - Poor people obtain affordable housing. This might seem like a silly question - but how does the land get bought and the homes built? Someone has to sweat to build the homes - who? Why? I don't get it.
From what little I understand, the money is rased and built for the community themselves. Likely the future occupants of the land, possibly other community members as well. This money is likely also used to build the homes. If volunteers (likely the same people I mentioned before) aren’t building it themselves (which is also very possible).
@Maxim Gogo Corruption is everywhere, so much so that it seems to be just part of life like the third world . Morality has been slowly eroded away by subversive change agents, just because a death cult wants the world to end so the Messiah will return. Nutters!!!
Why is it nearly impossible to find out how much potential homeowners are actually going to save with CLT purchase? “Affordable” is relative. Give examples
@@tarvey Depending on what house is being built it is possible for it to be 40k, the reason why house prices are far more than that is because of housing scarcity rather than labour and material cost, in this scenario cost = price making it far cheaper than accounting for scarcity.
Great video. CLT is such a great idea!
To be clear:
Step 1 - Land is bought by, or transferred to the CLT.
Step 2 - The CLT Build then builds the homes of assets (either by commissioning a developer or housing association or building themselves)
Step 3 - Maintenance and management is performed by volunteers in perpetuity, for the benefit of the CLT.
Step 4 - Poor people obtain affordable housing.
This might seem like a silly question - but how does the land get bought and the homes built? Someone has to sweat to build the homes - who? Why?
I don't get it.
From what little I understand, the money is rased and built for the community themselves. Likely the future occupants of the land, possibly other community members as well. This money is likely also used to build the homes. If volunteers (likely the same people I mentioned before) aren’t building it themselves (which is also very possible).
Where does the money come from in the first instance for the trust to buy land ?
John Smith the people who pitch in. That’s the challenge but it’s possible!
CLTs have also gotten government grants in some countries, but that's a harder route.
@Maxim Gogo Corruption is everywhere, so much so that it seems to be just part of life like the third world .
Morality has been slowly eroded away by subversive change agents, just because a death cult wants the world to end so the Messiah will return. Nutters!!!
Sometimes the land is donated by private land owners from what I researched.
Why is it nearly impossible to find out how much potential homeowners are actually going to save with CLT purchase?
“Affordable” is relative. Give examples
Its about rental not purchase , it requires a new mindset.
Katie Fitzgeralds yes they do allow you to purchase a home in affordable price but they own the land for 99years
About a 40k but the downside is they own the land for 100 years and also you have to reside in the home no renting option
@@atikah47 How can you build a house for £40k.
@@tarvey Depending on what house is being built it is possible for it to be 40k, the reason why house prices are far more than that is because of housing scarcity rather than labour and material cost, in this scenario cost = price making it far cheaper than accounting for scarcity.