https://archive.md/Uorcx
"A few blocks from the shores of Lake Geneva, Claude Waelti shows a visitor his
apartment in one of the most desirable neighborhoods of Lausanne, the Swiss
city with sweeping views of the French Alps across the lake. It has two
bedrooms, a small office, a south-facing balcony — and it costs 1,760 francs
(about $2,200) a month, around half the typical rents in the area.
Switzerland is notoriously expensive, but affordable apartments like Mr.
Waelti’s can be found in cities across the country. Known as cooperatives —
though distinct from American co-ops — they are built and run by nonprofit
organizations and represent a kind of “third way” beyond the classic
rent-or-buy choice.
Advocates say the model could reshape how the world thinks about affordable
housing, particularly in the biggest cities.
The details will seem foreign to many in the West, where building home equity
is baked into the system. But the central idea is simple: What if homeownership
had no profit motive and no capital gains?"
Via David Byrne at
Reasons to be Cheerful:
<
https://reasonstobecheerful.world/what-were-reading-local-food-disaster-relief/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
