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In Wisconsin

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home prices have risen

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much faster than income

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according to

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the Wisconsin Policy Forum.

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That freezes

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out renters

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from creating

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generational wealth

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through homeownership.

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But there are innovative

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ideas to get people

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into their own homes

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like land trusts

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where the buyer gets

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a mortgage for the

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home only, and then

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leases the land

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under it

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from a nonprofit.

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The result?

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Affordable home ownership.

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Why it's so appealing

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to us is the idea

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that we will be able

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to set aside

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a certain number of homes

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that will remain

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relatively affordable

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forever.

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There's a number

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of strategies

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that we deploy currently

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within the city of Green Bay

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and that are common

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I think, across the country

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but oftentimes

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those periods

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of affordability

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are limited to

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15 years or a couple decades

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or something like that.

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With the community land

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trust model, because

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the rate of appreciation

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is managed a bit

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and regulated a bit

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for those

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who own these homes

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these homes will

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especially in the long term

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be a lot more affordable

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when you compare them

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to other homes

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that are available

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on the private market.
