"Recent years have seen growing interest in land. This interest is driven by the housing crisis; the rise of giant agribusiness gobbling up small farms; and the debilitating rising rents faced by small businesses. Co-ops, nonprofits, and housing organizations have responded by launching radical real estate workshops. The Land Back movement has also grown in strength and prominence. Land ownership is a deep way to build power."
"When the real estate bubble burst in 2008, it led to a global economic meltdown. Real estate speculation and profiteering continue to drive gentrification and displacement, tearing apart low- and moderate-income communities, fueling a growing housing crisis, and straining paychecks beyond reason-not to mention the environmental toll of reckless, profit-driven development, luxury housing, and urban sprawl. If land ownership is a deep way to build power, it's then critical to"
Growing interest in land is driven by the housing crisis, giant agribusinesses buying small farms, and rising rents that burden small businesses. Co-ops, nonprofits, and housing organizations are launching radical real estate initiatives alongside the expanding Land Back movement. Treating land and its natural and built assets as a commodity fuels speculation, profiteering, gentrification, displacement, and environmental harm, as shown by the 2008 real estate crash and ongoing development practices. Decommodifying land and placing it under collective stewardship builds community power, enables non-extractive relationships with ecosystems, and provides control in economic development; legal frameworks in the United States constrain alternatives outside Native Nations.
Read at Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
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