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Collective Real Estate: Land Without Landlords?

Episode 387 Published 4 years, 1 month ago
Description

Decades of discrimination have left millions of African Americans shut out of the housing market and at risk of being targeted by predatory lenders and exploitative loans. But capital collectives pool resources and reduce individual risk and can be a way for low-income Americans to buy into a home. One example is the East Bay Permanent Real Estate Cooperative, in Oakland, CA which stepped in to do what developers would not, and make permanent housing available for low-income African Americans and other discriminated-against people of color. Can cooperation and shared stewardship be a route to realizing the “American Dream” that has been sold to so many, so effectively, for so long? Or do we need a different, shared dream to address the racial housing-wealth gap in the 21st century?


Guests:

Najaah Yasmine Daniels: Community Manager, Inclusive Capital Collective

Jessica Gordon-Nembhard: Ph.D. Professor, John Jay College City University of New York

Noni D. Session: Co-Founder and Executive Director, East Bay Permanent Real Estate Cooperative

 

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