A decade in the making, London’s first community land trust (CLT) housing project opened this year, as part of a redevelopment of a former Victorian workhouse in Mile End. The simple brick apartment blocks might not be architecturally groundbreaking, but the model of tenure certainly is: the house prices will be linked to local income in perpetuity, taking the homes out of the speculative property market and making them affordable to local people forever.
Read the complete article in the original language here: www.theguardian.com