Wednesday, March 19, 2008

Even While the Easiest Solution is Raising Teacher Pay

Big Easy business leaders create a non-profit land trust in New Tammany Parish to attract teachers and other workers who have been priced out of the post-Katrina mortgage and escalating rent markets. Essentially the business non-profit would own the land and the residents would own the houses on the land, which sounds more medieval than modern to me. Affordability is a two-way street: raising incomes creates affordable homes more simply than setting up a non-profit and creating a control mechanism that looks analogous to sharecropping.

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