Following a posting by my brother about mortgages and negative equity I thought it was time to publish an article that I have been sitting on for some months. Why I didn’t put it up here earlier is beyond me, but I also thought that someone might like to actually take this up.
Read it, comment on it, share it!
The article is about how you can build a housing project in not only an ecologically sustainable way but in a way which is also economically sustainable. It might not be vastly profitable from a capitalistic point of view but it is sustainable and has room to make some money. You can find it here.
The purpose of this document is to describe a model for housing that firmly
embraces the 80’s ideal of ‘property ownership for all’ but which avoids uncontrolled
spiralling property values and creates affordable housing which stays affordable. It
enables all socio-economic groups to benefit from affordable housing without the
need for discrimination and does not rely on social exclusion. Additionally embedding
communities at the heart of the design and not making affordability a special case.
It is not intended to be a communist approach to the property market but to be
a business model which is designed to be sustainable economically and
environmentally, but yet socially aware. Many of the statements in this document
include observations based on the past two decades of the property market by the
authors who have had varying levels of involvement in property and construction but
are presently unable to purchase due to the state of the current property market.
Continue reading “Economically Sustainable Housing Proposal”