Community Land Trust – a model for Berlin?
<p>Since the last decades and especially since the financial crisis of 2008, financial companies and private investors have (re)discovered real estate as an profitable investment object and asset. However, it is not so much the built structures as the underlying land, which has become the object of speculative investments. As a result, land prices, and the rents of the buildings built upon them, have risen continuously. According to economist Ottmar Edenhofer, around 80% of the rise in housing costs is due to land price developments (Trares 2018). Consequently, the provision of affordable housing is becoming increasingly difficult, especially with regards to inner- city housing. In this context, the land issue is becoming a key factor in social urban development and is – once again – on the political agenda…</p>
Authors: Sabine Horlitz
Curator: Tirdad Zolghadr
KW Institute for Contemporary Art, Sommerakademie Paul Klee
Part of: REALTY