We spend billions of dollars on affordable housing development every year, but many units lose their protections and return to market prices after a few decades. Why do we do things this way? Annette Kim joins us to discuss this problem, community land trusts as a strategy for solving it, and the benefits and obstacles to scaling them up.

Show notes:

• Kim, A. M., & Eisenlohr, A. (2022). Community Land Trusts for Sustainably Affordable Rental Housing Redevelopment. Cityscape, 24(1), 233-256.
• Kim, A. M. (2015). Sidewalk City: Remapping Public Space in Ho Chi Minh City. University of Chicago Press.
• Episode 41 on shared-equity homeownership with William Cheung and Kelvin Wong.
• Feasibility analysis for increasing affordability covenant duration to 99 years in City of Los Angeles.
• From the Lewis Center: Phillips, S. (2020). Increasing the Duration of Affordability Requirements for New Affordable Housing.
• Reyes, E. A., & Menezes, R. (Mar 7, 2014). L.A. and Orange counties are an epicenter of overcrowded housing. Los Angeles Times.