My affordable housing scheme
Sure affordable, and the lessee can choose the number of years he wishes to repay the lease, or loan, or whatever. Buyers or lessees can choose to pay in 30 years, 60 years or 90 years. The repayment period will be so flexible that the lessee can pay in one generation, two generations or three generations, with two incomes, 4 incomes or 6 incomes as long as the monthly repayment sum is affordable. Now would this be a better way to sell affordable housing? Can raise the price higher some more. I was thinking of extending the repayment period to 200 years, but unfortunately the lease will expire in 99 years. And all lessees can still call themselves property owners. Actually owning a 30 year lease or 99 lease or freehold property is all the same, property owners.