Yeah I agree, IF just charging the cost of maintenance that is the only way to be a good landlord. That’s not really different than public housing except that clearly our government isn’t gonna fucking build any public housing.
The only kinda bad thing imo is that any property you want to do this to needs to be held by some sort of foundation that is legally structured to prevent Holland or anyone else from diverting from the original idea.
But like, running an at cost housing non-profit with minimal overhead and good pay is my fantasy, so I've thought about how you'd have to try hard to make it work.
you could probably use initial funds to get a housing co-op started and go from there, to get paid back structure it like a fair loan at a better rate than a bank gives.
Then once that loan is paid, have it in the housing co-op foundation rules that they need to create loan funds for other co-ops to start. Or use that money they paid you back for the loan to make more housing co-ops or to literally give away houses to the homeless.
It doesn't help much unless you also add in a way for homeless people to get in on it though.
I've thought about this being a sort of thing I'd want to do if I suddenly got a bunch of money.
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Yeah I agree, IF just charging the cost of maintenance that is the only way to be a good landlord. That’s not really different than public housing except that clearly our government isn’t gonna fucking build any public housing.
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Same here, and it’s like YES. CORRECT. YOU WONT MAKE MONEY. THATS THE POINT. YOU SHOULDNT BE MAKING MONEY.
The only kinda bad thing imo is that any property you want to do this to needs to be held by some sort of foundation that is legally structured to prevent Holland or anyone else from diverting from the original idea.
But like, running an at cost housing non-profit with minimal overhead and good pay is my fantasy, so I've thought about how you'd have to try hard to make it work.
you could probably use initial funds to get a housing co-op started and go from there, to get paid back structure it like a fair loan at a better rate than a bank gives.
Then once that loan is paid, have it in the housing co-op foundation rules that they need to create loan funds for other co-ops to start. Or use that money they paid you back for the loan to make more housing co-ops or to literally give away houses to the homeless.
It doesn't help much unless you also add in a way for homeless people to get in on it though.
I've thought about this being a sort of thing I'd want to do if I suddenly got a bunch of money.