Cohousing-L Mailing List: RE: co-housing and real-estate investments

[Loren Davidson (lmd]

At 11:11 PM 2/14/95 CST, Ryan O'Dowd wrote:
(stuff deleted)
>On Mon, 13 Feb 1995, Loren Davidson wrote:

>> I've been reading a lot lately about communities and various development
>> types, and about such things as Community Land Trusts.  This sounds a lot
>> like a CLT in intent if not in actual form.  The purpose of a CLT is to
>> start taking real estate out of the speculative market.  It is this
>> speculative market that has jacked the cost of land up so far in the first
>> place, making cohousing (and all other forms of housing) so highly expensive.
>
>just wondering loren, I was under the assumption that clt's were set up 
>to not only take land out of the speculation game, but also as a tool to 
>keep development away, keep the land as it currently is?  Here in Olympia 
>Wa. we use a land trust to keep ecological sensetive land, land.  
>Co-housing, however grovey an idea, dose not belong everywhere.

I believe you're partly right.  CLT's *have* been used to preserve land "as
is", but the easier way to do it in the US is through adding to the
property's CC&R's.  My take on the CLT, which is *not* by any means an
expert one, is that it is an ownership model that can be used for many kinds
of land use.  There are other non-speculative ownership models that can be
used as well, including master leases.  Again, I don't have much in the way
of specifics to offer at this point in time.
_________________________________________________________
Loren Davidson 
lmd [at] beauty.batnet.com
http://www.batnet.com/beauty
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