Authors

Chester Smolski

Document Type

Article

Themes

Urban Redevelopment

Comments

Limited equity and land trusts cut house costs.

Abstract

"A recent national survey revealed that 84 percent of Americans would choose a single-family detached house over any other form of housing. Not surprisingly, in this country where we value individual rights, individual ownership of property is a goal to which most aspire and one that most have achieved.

But suppose that goal was not attainable and the only choice was a multifamily structure. And suppose that limited resources meant the only form of ownership was sharing with others. Given this choice, would Americans choose this form of housing?"