I’d buy inner city housing complexes and transfer them to cooperative ownership, with all rent money going towards upkeep and a collectively-owned fund that will be used to bring more housing into the cooperative over time.
The by-laws of the cooperative will not allow selling the real estate or drawing from the fund individually.
In the long run, that’ll remove more and more living space from the predatory profit-oriented market and take financial pressure out of the lives of many people.
Millions are not a lot.
I’d buy inner city housing complexes and transfer them to cooperative ownership, with all rent money going towards upkeep and a collectively-owned fund that will be used to bring more housing into the cooperative over time.
The by-laws of the cooperative will not allow selling the real estate or drawing from the fund individually.
In the long run, that’ll remove more and more living space from the predatory profit-oriented market and take financial pressure out of the lives of many people.