The Henry George Program

Shane Phillips on The Affordable City & Rethinking Homeownership

Apr 16, 2021
Urban planning expert Shane Phillips discusses the limitations of homeownership as a wealth-building tool, proposing innovative solutions like a rental pension and localized housing equity. The conversation also delves into the complexities of housing policies, including rent control, home equity disparities between generations, and the need for tailored solutions in different U.S. markets. Phillips challenges traditional views on homeownership, suggesting alternative approaches like collective mortgage payments and deliberate appreciation of home values at the inflation rate for sustainable investment.
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