Real estate
fromCity Limits
17 hours agoOpinion: New York's Opportunity for Community Ownership
COPA would empower tenants and community land trusts to purchase buildings and preserve long-term housing affordability against speculative investors.
House prices in the Netherlands have doubled in the past decade, and a new-build home costs 16 times the average salary. Across the EU, affordability is not just a life-limiting problem in notoriously expensive property markets such as Lisbon, Madrid or Dublin. Speculative investment and a chronic supply shortage have also led to soaring prices in emerging areas where bigger, faster returns are attainable.