Chapter 4 - Making a Case for CLTs in All Markets, Even Cold Ones - Steve King

Arguments justifying CLTs tend to focus on their effectiveness in preserving affordability and preventing displacement in strong real estate markets where prices for land and housing are rising. Most justifications regularly overlook the multiple roles that CLTs can also play in improving conditions and empowering residents where real estate markets are weak. The executive director of the Oakland Community Land Trust in California endeavors to correct this rhetorical imbalance, making a case for the CLT’s counter-cyclical effectiveness in all markets, hot and cold.

What is On Common Ground?

ON COMMON GROUND is a collection of original essays, written by 42 scholars and practitioners from a dozen countries, tracing the growth and diversification of the international community land trust movement.

A community land trust (CLT) is a transformative strategy of community-led development on community-owned land that has taken root in the Global North and is now spreading to the Global South. CLTs produce and preserve affordably priced homes, community gardens, retail spaces, and a variety of neighborhood facilities – all developed under the guidance of the people who live nearby; all managed to remain permanently affordable for people of modest means.