Post #1747197
2026-04-26 09:45 UTC
“The concept of ‘cost rental’ is summed up in the name. The rent for a home should only cover development and maintenance costs. The goal is not to make a profit.” https://www.thejournal.ie/affordable-rent-scheme-price-cuts-analysis-7022981-Apr2026/
This shouldn't really be such a radical idea. Non-profit housing is the only obvious way out to bring rents back into human proportions.
Replies (1)
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@yacc143@mastodon.social 2026-04-29 06:53
@lexiconista@mastodon.ie That's similar how nonprofit housing cooperative associations in Austria work. With the twist that even after the financing for your project is financed, a certain part of a fictional financing is continued to be paid as rent in eternity to bolster the association's capital for further projects.