Social mortgages and affordable housing
21 April 2020
Could some of our problems with affordable housing be solved by establishing communities based on social mortgages where there are mutual responsibilities, shared values and close relationships? Building Better researchers James Berghan and David Goodwin from the University of Otago investigate.
‘Social Mortgage’ is a term we have coined to describe the principle of traditional socially based land tenure whereby social payments to communities are expected in the form of responsibilities and chores.
The Earthsong Eco-Neighbourhood in Ranui, West Auckland, has 32 homes cemented by relationships. Photo: build magazine.